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After finishing at $80.26 in the prior trading day, DocuSign Inc (NASDAQ: DOCU) closed at $80.45, up 0.24%. In other words, the price has increased by $0.24 from its previous closing price. On the day, 2.66 million shares were traded. DOCU stock price reached its highest trading level at $80.51 during the session, while it also had its lowest trading level at $79.08.
Ratios:
Our goal is to gain a better understanding of DOCU by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.77. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.06.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on April 12, 2024, Upgraded its rating to Neutral and sets its target price to $62 from $48 previously.
On January 16, 2024, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight and also upped its target price recommendation from $49 to $64.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 02 ’24 when Thygesen Allan C. sold 7,763 shares for $80.54 per share. The transaction valued at 625,238 led to the insider holds 100,062 shares of the business.
ALLAN THYGESEN bought 7,763 shares of DOCU for $625,241 on Dec 02 ’24. On Nov 01 ’24, another insider, Thygesen Allan C., who serves as the President and CEO of the company, sold 7,764 shares for $69.95 each. As a result, the insider received 543,092 and left with 107,825 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DOCU now has a Market Capitalization of 16329177088 and an Enterprise Value of 15524311040. As of this moment, DocuSign’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.97, and their Forward P/E ratio for the next fiscal year is 21.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.71 while its Price-to-Book (P/B) ratio in mrq is 8.30. Its current Enterprise Value per Revenue stands at 5.431 whereas that against EBITDA is 81.378.
Stock Price History:
Over the past 52 weeks, DOCU has reached a high of $86.75, while it has fallen to a 52-week low of $44.34. The 50-Day Moving Average of the stock is 11.09%, while the 200-Day Moving Average is calculated to be 34.00%.
Shares Statistics:
The stock has traded on average 3.46M shares per day over the past 3-months and 2564950 shares per day over the last 10 days, according to various share statistics. A total of 202.30M shares are outstanding, with a floating share count of 200.92M. Shares short for DOCU as of 1731628800 were 13572947 with a Short Ratio of 3.93, compared to 1728950400 on 15393402. Therefore, it implies a Short% of Shares Outstanding of 13572947 and a Short% of Float of 7.5600000000000005.
