DocuSign Inc (NASDAQ: DOCU) on Tuesday, soared 0.24% from the previous trading day, before settling in for the closing price of $80.26. Within the past 52 weeks, DOCU’s price has moved between $44.34 and $86.75.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 32.47%. The company achieved an average annual earnings per share of 16.97%. With a float of $200.92 million, this company’s outstanding shares have now reached $202.30 million.
Considering the fact that the conglomerate employs 6840 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 79.08%, operating margin of 4.87%, and the pretax margin is 6.09%.
DocuSign Inc (DOCU) Insider Activity
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of DocuSign Inc is 1.01%, while institutional ownership is 81.91%. The most recent insider transaction that took place on Dec 02 ’24, was worth 625,238. In this transaction President and CEO of this company sold 7,763 shares at a rate of $80.54, taking the stock ownership to the 100,062 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Officer proposed sale 7,763 for $80.54, making the entire transaction worth $625,241.
DocuSign Inc (DOCU) Earnings and Forecasts
As on 7/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.79 earnings per share (EPS) for the period topping the consensus outlook (set at 0.63) by 0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.84 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.97% per share during the next fiscal year.
DocuSign Inc (NASDAQ: DOCU) Trading Performance Indicators
DocuSign Inc (DOCU) is currently performing well based on its current performance indicators. A quick ratio of 0.84 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.71. Likewise, its price to free cash flow for the trailing twelve months is 17.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.74, a number that is poised to hit 0.87 in the next quarter and is forecasted to reach 3.70 in one year’s time.
Technical Analysis of DocuSign Inc (DOCU)
Compared to the last year’s volume of 2.87 million, its volume of 2.36 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 29.58%. Additionally, its Average True Range was 2.43.
During the past 100 days, DocuSign Inc’s (DOCU) raw stochastic average was set at 83.40%, which indicates a significant increase from 34.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.55% in the past 14 days, which was higher than the 33.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $72.42, while its 200-day Moving Average is $60.04. Nevertheless, the first resistance level for the watch stands at $80.95 in the near term. At $81.46, the stock is likely to face the second major resistance level. The third major resistance level sits at $82.40. If the price goes on to break the first support level at $79.50, it is likely to go to the next support level at $78.56. Should the price break the second support level, the third support level stands at $78.05.
DocuSign Inc (NASDAQ: DOCU) Key Stats
Market capitalization of the company is 16.33 billion based on 202,973K outstanding shares. Right now, sales total 2,762 M and income totals 73,980 K. The company made 736,030 K in profit during its latest quarter, and 888,210 K in sales during its previous quarter.
