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DocuSign Inc. (DOCU) Stock Observes -3.06% 200-Day Moving Average

The stock of DocuSign Inc. (DOCU) has gone up by 1.48% for the week, with a 10.62% rise in the past month and a -9.81% drop in the past quarter. The volatility ratio for the week is 3.64%, and the volatility levels for the past 30 days are 3.33% for DOCU.. The simple moving average for the past 20 days is 5.64% for DOCU’s stock, with a -3.06% simple moving average for the past 200 days.

Is It Worth Investing in DocuSign Inc. (NASDAQ: DOCU) Right Now?

compared to its average ratio and a 36-month beta value of 0.95.

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The average price point forecasted by analysts for DocuSign Inc. (DOCU) is $64.93, which is $14.78 above the current market price. The public float for DOCU is 197.79M, and currently, short sellers hold a 3.93% ratio of that float. The average trading volume of DOCU on May 26, 2023 was 3.76M shares.

DOCU) stock’s latest price update

The stock of DocuSign Inc. (NASDAQ: DOCU) has decreased by -0.24 when compared to last closing price of 53.47.Despite this, the company has seen a gain of 1.48% in its stock price over the last five trading days. The Wall Street Journal reported on 03/10/23 that DocuSign Shares Slide 23% as Margins Face Scrutiny

DOCU Trading at -0.21% 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 -42.05% of loss for the given period.

Volatility was left at 3.33%, however, over the last 30 days, the volatility rate increased by 3.64%, as shares surge +8.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.68% lower at present.

During the last 5 trading sessions, DOCU rose by +1.48%, which changed the moving average for the period of 200-days by -23.79% in comparison to the 20-day moving average, which settled at $50.70. In addition, DocuSign Inc. saw -3.75% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at DOCU starting from Briggs Teresa, who sale 1,988 shares at the price of $58.53 back on Mar 16. After this action, Briggs Teresa now owns 3,763 shares of DocuSign Inc., valued at $116,358 using the latest closing price.

Springer Daniel D., the Director of DocuSign Inc., sale 147,008 shares at $55.08 during a trade that took place back on Jan 19, which means that Springer Daniel D. is holding 1,225,714 shares at $8,097,603 based on the most recent closing price.

Stock Fundamentals for DOCU

Equity return is now at value -21.20, with -3.50 for asset returns.

Conclusion

To put it simply, DocuSign Inc. (DOCU) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.