The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 41.73% this year. Over the last six months, there has been a stronger performance of -27.26%. The price of DOCU leaped by -11.44% during the last 30 days period. For the last 5-days stocks have slided -6.82%.
DocuSign Inc (DOCU) has a current stock price of $70.48. During the previous trading session, the stock witnessed a notable rise, reaching a high of $124.0 after opening at $70.48. The stock’s low for the day was $76.0, and it eventually closed at $75.14.
The market performance of DocuSign Inc has been somewhat unstable.
52-week price history of DOCU Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. DocuSign Inc’s current trading price is -34.66% away from its 52-week high, while its distance from the 52-week low is 38.79%. The stock’s price range for this period has been between $50.78 and $107.86. The Technology sector company’s shares saw a trading volume of about 4.13 million for the day, which was higher than the average daily volume of 2.93 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
DocuSign Inc (DOCU) has experienced a quarterly decline of -14.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.24B and boasts a workforce of 6838 employees.
Expert Opinions: Analysts’ Ratings for DocuSign Inc
As of right now, 4 analysts are rating DocuSign Inc as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 16 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 80.48, with a change in price of -15.28. Similarly, DocuSign Inc recorded 2,681,852 in trading volume during the last 100 days, posting a change of -17.82%.
DOCU’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for DOCU stands at 0.07. Similarly, the long-term debt-to-equity ratio is also 0.06.
DOCU Stock Stochastic Average
As of today, the raw stochastic average of DocuSign Inc over the past 50 days is 6.93%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 13.79%. Additionally, the Stochastic %K and %D values for the company were 15.07% and 16.12%, respectively, over the past 20 days.
