DocuSign Inc. (NASDAQ:DOCU) went down by -1.80% from its latest closing price compared to the recent 1-year high of $290.23. The company’s stock price has collected 2.78% of gains in the last five trading sessions. MarketWatch.com reported on 10/03/20 that Here are the biggest winners in a solid third quarter for U.S. stocks
Is It Worth Investing in DocuSign Inc. (NASDAQ :DOCU) Right Now?
Opinions of the stock are interesting as 9 analysts out of 17 who provided ratings for DocuSign Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 7 rated it as “hold,” and 1 as “sell.”
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The average price from analysts is $256.40, which is $31.99 above the current price. DOCU currently public float of 181.82M and currently shorts hold a 5.18% ratio of that float. Today, the average trading volume of DOCU was 6.17M shares.
DOCU’s Market Performance
DOCU stocks went up by 2.78% for the week, with a monthly drop of -17.68% and a quarterly performance of 14.48%, while its annual performance rate touched 250.86%. The volatility ratio for the week stands at 3.36% while the volatility levels for the past 30 days are set at 5.65% for DocuSign Inc.. The simple moving average for the period of the last 20 days is 4.48% for DOCU stocks with a simple moving average of 60.66% for the last 200 days.
Analysts’ Opinion of DOCU
Many brokerage firms have already submitted their reports for DOCU stocks, with Deutsche Bank repeating the rating for DOCU by listing it as a “Hold.” The predicted price for DOCU in the upcoming period, according to Deutsche Bank is $225 based on the research report published on September 04th of the current year 2020.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see DOCU reach a price target of $210, previously predicting the price at $170. The rating they have provided for DOCU stocks is “Outperform” according to the report published on July 02nd, 2020.
Oppenheimer gave a rating of “Outperform” to DOCU, setting the target price at $200 in the report published on June 25th of the current year.
DOCU Trading at 3.50% from the 50-Day Moving Average
After a stumble in the market that brought DOCU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.79% of loss for the given period.
Volatility was left at 5.65%, however, over the last 30 days, the volatility rate increased by 3.36%, as shares sank -9.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.97% upper at present.
During the last 5 trading sessions, DOCU rose by +2.78%, which changed the moving average for the period of 200-days by +196.44% in comparison to the 20-day moving average, which settled at $207.73. In addition, DocuSign Inc. saw 194.52% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at DOCU starting from Salem Enrique T, who sale 15,000 shares at the price of $214.35 back on Sep 29. After this action, Salem Enrique T now owns 151,093 shares of DocuSign Inc., valued at $3,215,250 using the latest closing price.
Solvik Peter, the Director of DocuSign Inc., sale 16,452 shares at $200.66 during a trade that took place back on Sep 21, which means that Solvik Peter is holding 77,624 shares at $3,301,177 based on the most recent closing price.
Stock Fundamentals for DOCU
Current profitability levels for the company are sitting at:
- -19.87 for the present operating margin
- +73.79 for the gross margin
The net margin for DocuSign Inc. stands at -21.39. The total capital return value is set at -17.20, while invested capital returns managed to touch -18.69. Equity return is now at value -38.60, with -10.80 for asset returns.
Based on DocuSign Inc. (DOCU), the company’s capital structure generated 118.70 points at debt to equity in total, while total debt to capital is 54.27. Total debt to assets is 34.29, with long-term debt to equity ratio resting at 114.90. Finally, the long-term debt to capital ratio is 52.54.
When we switch over and look at the enterrpise to sales, we see a ratio of 14.24, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 4.47 and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.