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DocuSign Inc (NASDAQ: DOCU) closed the day trading at $89.94 down -1.92% from the previous closing price of $91.70. In other words, the price has decreased by -$1.92 from its previous closing price. On the day, 1.76 million shares were traded. DOCU stock price reached its highest trading level at $92.44 during the session, while it also had its lowest trading level at $89.65.
Ratios:
For a better understanding of DOCU, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.04. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.06.
On April 12, 2024, UBS Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $48 to $62.
Morgan Stanley Upgraded its Underweight to Equal-Weight on January 16, 2024, whereas the target price for the stock was revised 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 18 ’24 when Chatwani Robert sold 14,800 shares for $97.76 per share. The transaction valued at 1,446,848 led to the insider holds 73,414 shares of the business.
GRAYSON BLAKE JEFFREY sold 15,588 shares of DOCU for $1,524,195 on Dec 18 ’24. The Chief Financial Officer now owns 85,851 shares after completing the transaction at $97.78 per share. On Dec 18 ’24, another insider, BLAKE J GRAYSON, who serves as the Officer of the company, bought 15,588 shares for $97.78 each.
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 18169950208 and an Enterprise Value of 16179828736. As of this moment, DocuSign’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.53, and their Forward P/E ratio for the next fiscal year is 24.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.12 while its Price-to-Book (P/B) ratio in mrq is 9.13. Its current Enterprise Value per Revenue stands at 5.66 whereas that against EBITDA is 84.815.
Stock Price History:
Over the past 52 weeks, DOCU has reached a high of $107.86, while it has fallen to a 52-week low of $48.70. The 50-Day Moving Average of the stock is 7.93%, while the 200-Day Moving Average is calculated to be 40.77%.
Shares Statistics:
Over the past 3-months, DOCU traded about 4.01M shares per day on average, while over the past 10 days, DOCU traded about 3571940 shares per day. A total of 202.00M shares are outstanding, with a floating share count of 199.85M. Insiders hold about 1.08% of the company’s shares, while institutions hold 82.47% stake in the company. Shares short for DOCU as of 1731628800 were 13572947 with a Short Ratio of 2.75, compared to 1728950400 on 15393402. Therefore, it implies a Short% of Shares Outstanding of 13572947 and a Short% of Float of 7.5600000000000005.
