Over the past three months, DocuSign Inc. [DOCU] ended the trading day at $211.91 and exhibited a change of 1.82% with a 24 hour trading and reached upto the volume of 5.67M compared to its recorded trading volume of 1.94 million. DOCU generated a 1 year amount change with 217.90%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 6.86% with an amount shift of -7.22% over the last month.
On 12, November 2020, DocuSign Announces Timing of Third Quarter Fiscal 2021 Earnings Conference Call. According to news published on Yahoo Finance, DocuSign (Nasdaq: DOCU) today announced that its third quarter fiscal 2021 results will be released on Thursday, December 3, 2020, after the close of the market. The company will host a conference call at 1:30 p.m. PT (4:30 p.m. ET) to discuss its financial results. A live webcast of the event will be available on the DocuSign Investor Relations website at docusign.com/investors. A live dial-in will be available domestically at 877-407-0784 or internationally at 201-689-8560. A replay will be available domestically at 844-512-2921 or internationally at 412-317-6671 until midnight (ET) December 17, 2020 using the passcode 13713254.
Analyst Birdseye View:
The most recent analyst activity for DocuSign Inc. [NASDAQ:DOCU] stock was on October 14, 2020, when it was Initiated with a Buy rating from UBS, which also raised its 12-month price target on the stock to $290. Before that, on October 27, 2020, Robert W. Baird Recapitulated an Outperform rating and elevated its amount target to $280. On October 05, 2020, Morgan Stanley Upgrade an Overweight rating and boosted its price target on this stock to $260. On September 04, 2020, Deutsche Bank Downgrade a Hold rating and increased its price target to $225. On July 02, 2020, RBC Capital Mkts Reiterated an Outperform rating and increased its price target to $210. On June 25, 2020, Oppenheimer Initiated an Outperform rating and boosted its amount on this stock to $200. On June 23, 2020, Wells Fargo Initiated an Equal weight rating and boosted its target amount on this stock to $160. Morgan Stanley elevated its amount target by recapitulating a higher weight for this stock.
In the past 52 weeks of trading, this stock has oscillated between a low of $64.88 and a peak of $290.23. Right now, the middling Wall Street analyst 12-month amount mark is $260.50. At the most recent market close, shares of DocuSign Inc. [NASDAQ:DOCU] were valued at $211.91. According to the average price forecast, investors can expect a potential return of 3.49%.
DocuSign Inc. [NASDAQ:DOCU] most recently reported quarterly sales of 342.21 billion, which represented growth of 45.20%. This company’s Gross Margin is currently 74.70% and its Operating Margin is -16.10%.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 208.49 points at 1st support level, the second support level is making up to 205.08. But as of 1st resistance point, this stock is sitting at 214.75 and at 217.60 for 2nd resistance point.
DocuSign Inc. [DOCU] reported its earnings at $0.17 per share in the fiscal quarter closing of 7/30/2020. The Analysts for Wall Street were expecting to report its earnings at $0.08/share signifying the difference of 0.09 and 112.50% surprise value. Comparing the previous quarter ending of 4/29/2020, the stated earnings were $0.12 calling estimates for $0.1/share with the difference of 0.02 depicting the surprise of 20.00%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for DocuSign Inc. [NASDAQ:DOCU] is 1.10.
The most recent insider trade was by Alhadeff Loren, Chief Revenue Officer, and it was the sale of 5000.0 shares on Nov 12. OLRICH SCOTT V., the Chief Operating Officer, completed a sale of 5800.0 shares on Nov 11. On Oct 07, OLRICH SCOTT V., Chief Operating Officer, completed a sale of 5800.0 shares.