Market Insights: DocuSign Inc (DOCU)’s Notable Gain of 1.55, Closing at 94.15

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As of close of business last night, DocuSign Inc’s stock clocked out at $94.15, up 1.55% from its previous closing price of $92.71. In other words, the price has increased by $1.55 from its previous closing price. On the day, 3.22 million shares were traded. DOCU stock price reached its highest trading level at $95.42 during the session, while it also had its lowest trading level at $92.425.

Ratios:

To gain a deeper understanding of DOCU’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.39. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 19020466176 and an Enterprise Value of 16179828736. As of this moment, DocuSign’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.39, and their Forward P/E ratio for the next fiscal year is 25.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.53 while its Price-to-Book (P/B) ratio in mrq is 9.56. 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 17.53%, while the 200-Day Moving Average is calculated to be 50.37%.

Shares Statistics:

It appears that DOCU traded 3.92M shares on average per day over the past three months and 6288040 shares per day over the past ten days. A total of 202.00M shares are outstanding, with a floating share count of 199.81M. Insiders hold about 1.09% of the company’s shares, while institutions hold 82.42% stake in the company. Shares short for DOCU as of 1731628800 were 13572947 with a Short Ratio of 2.99, compared to 1728950400 on 15393402. Therefore, it implies a Short% of Shares Outstanding of 13572947 and a Short% of Float of 7.5600000000000005.

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