DocuSign Inc (NASDAQ:DOCU) currently has a daily average trading volume of 3.76M but it saw 4023449 shares traded in last market. With a market cap of 19.14B USD, the company’s current market price of $94.75 came falling about -1.15 while comparing to the previous closing price of $95.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $107.86 and as low as $48.70. In the recent trading on the day, stock has struck highest price mark of $94.53 while lowest mark touched by it was $97.8599.
Taking a look at 20-day trading activity of DocuSign Inc (DOCU) gives us an average price of $85.01, while its current price level is -12.15% below from 52-week high level whereas it is 94.56% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $76.43 while that of 200 days or SMA-200 reads an average of $61.35. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.77% during that period while stretching the period over a month that decreases to 3.69%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 63.04 which implies that the stock is in neutral territory.
UBS upgraded its recommendation for the stock as a “Neutral” from “Sell” on April 12, 2024 while assigning a price target range of $48-$62. Morgan Stanley issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $49 and $64.
Over the week, DOCU’s stock price is moving 12.81% up while it is 16.66% when we observe its performance for the past one month. Year-to-date it is 59.38% up and over the past year, the stock is showing an upside performance of 76.38%.
Currently, DocuSign Inc’s total number of outstanding shares is 202.00M. Company’s return on investment (ROI) stands at 48.16% and return on equity (ROE) at 68.48%. It has a price to earnings ratio (P/E ratio) of 19.52 while having a 25.47 of forward P/E ratio. Stock’s beta reads 0.90. Stock has a price to book (P/B) ratio of 9.62 while price to sale or P/S ratio amounts to 6.57. Its return on asset (ROA) is 28.47% on average.
