In the past week, DOCU$Docusign(DOCU)$ stock has gone up by 1.20%, with a monthly decline of -3.99% and a quarterly surge of 5.55%. The volatility ratio for the week is 5.18%, and the volatility levels for the last 30 days are 5.24% for DocuSign Inc. The simple moving average for the last 20 days is -4.06% for DOCU stock, with a simple moving average of -1.46% for the last 200 days.
The average price point forecasted by analysts for DocuSign is $64.76, which is $10.89 above the current market price. The public float for DOCU is 197.79M, and currently, short sellers hold a 4.94% ratio of that float. The average trading volume of DOCU on March 22, 2023 was 4.62M shares.
DOCU stock’s latest price update
DocuSign’s stock price has decreased by -2.19 compared to its previous closing price of 58.51. Despite this, the company has seen a gain of 1.20% in its stock price over the last five trading days.
Analysts’ Opinion of DOCU
In the past week, DOCU stock has gone up by 1.20%, with a monthly decline of -3.99% and a quarterly surge of 5.55%. The volatility ratio for the week is 5.18%, and the volatility levels for the last 30 days are 5.24% for DocuSign Inc. The simple moving average for the last 20 days is -4.06% for DOCU stock, with a simple moving average of -1.46% for the last 200 days.
Many brokerage firms have already submitted their reports for DOCU stocks, with JP Morgan repeating the rating for DOCU by listing it as a “Underweight.” The predicted price for DOCU in the upcoming period, according to JP Morgan is $48 based on the research report published on March 10th of the current year 2023.
UBS gave a rating of “Sell” to DOCU, setting the target price at $52 in the report published on February 21st of the current year.
DOCU Trading at -5.22% from the 50-Day Moving Average
After a stumble in the market that brought DOCU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.65% of loss for the given period.
Volatility was left at 5.24%, however, over the last 30 days, the volatility rate increased by 5.18%, as shares sank -5.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.40% upper at present.
During the last 5 trading sessions, DOCU rose by +1.33%, which changed the moving average for the period of 200-days by -31.61% in comparison to the 20-day moving average, which settled at $59.50. In addition, DocuSign Inc. saw 3.27% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DOCU starting from Briggs Teresa, who sale 1,988 shares at the price of $58.53 back on Mar 16. After this action, Briggs Teresa now owns 3,763 shares of DocuSign Inc., valued at $116,358 using the latest closing price.
Springer Daniel D., the Director of DocuSign Inc., sale 147,008 shares at $55.08 during a trade that took place back on Jan 19, which means that Springer Daniel D. is holding 1,225,714 shares at $8,097,603 based on the most recent closing price.
Stock Fundamentals for DOCU
Current profitability levels for the company are sitting at:
- -2.37 for the present operating margin
- +78.69 for the gross margin
The net margin for DocuSign Inc. stands at -3.87. The total capital return value is set at -4.48, while invested capital returns managed to touch -10.37. Equity return is now at value -29.00, with -4.10 for asset returns.
Based on DocuSign, the company’s capital structure generated 143.90 points at debt to equity in total, while total debt to capital is 59.00. Total debt to assets is 29.48, with long-term debt to equity ratio resting at 22.90. Finally, the long-term debt to capital ratio is 9.39.
When we switch over and look at the enterprise to sales, we see a ratio of 4.40, with the company’s debt to enterprise value settled at 0.07. The receivables turnover for the company is 5.12 and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.74.
Conclusion
To put it simply, DocuSign has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
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