DocuSign Inc (NASDAQ: DOCU) on Friday, plunged -0.15% from the previous trading day, before settling in for the closing price of $90.35. Within the past 52 weeks, DOCU’s price has moved between $48.70 and $107.86.
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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 18.53%. With a float of $199.90 million, this company’s outstanding shares have now reached $202.00 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 78.99%, operating margin of 6.13%, and the pretax margin is 7.2%.
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 1.08%, while institutional ownership is 82.47%. The most recent insider transaction that took place on Jan 02 ’25, was worth 676,311. In this transaction Chief Legal Officer of this company sold 7,500 shares at a rate of $90.17, taking the stock ownership to the 43,781 shares. Before that another transaction happened on Jan 02 ’25, when Company’s President and CEO sold 40,000 for $90.04, making the entire transaction worth $3,601,780. This insider now owns 156,050 shares in total.
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
DocuSign Inc (DOCU) is currently performing well based on its current performance indicators. A quick ratio of 0.83 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 6.25. Likewise, its price to free cash flow for the trailing twelve months is 20.46.
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)
Compared to the last year’s volume of 1.74 million, its volume of 1.84 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 11.71%. Additionally, its Average True Range was 3.41.
During the past 100 days, DocuSign Inc’s (DOCU) raw stochastic average was set at 68.38%, which indicates a significant increase from 10.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.02% in the past 14 days, which was lower than the 52.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $84.09, while its 200-day Moving Average is $64.21. Nevertheless, the first resistance level for the watch stands at $92.00 in the near term. At $93.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $94.98. If the price goes on to break the first support level at $89.01, it is likely to go to the next support level at $87.81. Should the price break the second support level, the third support level stands at $86.03.
DocuSign Inc (NASDAQ: DOCU) Key Stats
Market capitalization of the company is 18.20 billion based on 202,023K outstanding shares. Right now, sales total 2,762 M and income totals 73,980 K. The company made 754,820 K in profit during its latest quarter, and 62,420 K in sales during its previous quarter.
