A major move is in the offing as DocuSign Inc (DOCU) market cap hits 19.08 billion

On Friday, DocuSign Inc (NASDAQ: DOCU) was -0.04% drop from the session before settling in for the closing price of $94.52. A 52-week range for DOCU has been $48.70 – $107.86.

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During the last 5-year period, the sales growth of Technology Sector giant was 32.47%. When this article was written, the company’s average yearly earnings per share was at 18.53%. With a float of $199.81 million, this company’s outstanding shares have now reached $202.00 million.

Let’s determine the extent of company efficiency that accounts for 6840 employees. In terms of profitability, gross margin is 78.99%, operating margin of 6.13%, and the pretax margin is 7.2%.

DocuSign Inc (DOCU) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward DocuSign Inc stocks. The insider ownership of DocuSign Inc is 1.01%, while institutional ownership is 82.36%. The most recent insider transaction that took place on Dec 10 ’24, was worth 56,440,142. In this transaction Director of this company sold 581,588 shares at a rate of $97.04, taking the stock ownership to the 906,430 shares. Before that another transaction happened on Dec 10 ’24, when Company’s Director proposed sale 581,588 for $97.04, making the entire transaction worth $56,439,684.

DocuSign Inc (DOCU) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 18.53% per share during the next fiscal year.

DocuSign Inc (NASDAQ: DOCU) Trading Performance Indicators

You can see what DocuSign Inc (DOCU) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.55. Likewise, its price to free cash flow for the trailing twelve months is 21.45.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.85, a number that is poised to hit 0.84 in the next quarter and is forecasted to reach 3.73 in one year’s time.

Technical Analysis of DocuSign Inc (DOCU)

Looking closely at DocuSign Inc (NASDAQ: DOCU), its last 5-days average volume was 4.52 million, which is a jump from its year-to-date volume of 2.99 million. As of the previous 9 days, the stock’s Stochastic %D was 53.90%. Additionally, its Average True Range was 4.04.

During the past 100 days, DocuSign Inc’s (DOCU) raw stochastic average was set at 77.35%, which indicates a significant increase from 53.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 113.67% in the past 14 days, which was higher than the 52.11% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $77.71, while its 200-day Moving Average is $61.76. However, in the short run, DocuSign Inc’s stock first resistance to watch stands at $96.26. Second resistance stands at $98.05. The third major resistance level sits at $99.48. If the price goes on to break the first support level at $93.04, it is likely to go to the next support level at $91.61. Should the price break the second support level, the third support level stands at $89.82.

DocuSign Inc (NASDAQ: DOCU) Key Stats

There are 202,023K outstanding shares of the company, which has a market capitalization of 19.08 billion. As of now, sales total 2,762 M while income totals 73,980 K. Its latest quarter income was 754,820 K while its last quarter net income were 62,420 K.