DocuSign Inc (#DOCU) Stock Price, Live Chart & Analysis | Trade #DOCU
DocuSign Inc is an American company that develops electronic signatures. Founded in 2003, it is headquartered in San Francisco, California. The company has branches around the world. DocuSign technologies are widely used in business, in managing electronic agreements in various spheres: employment, buying and selling real estate, etc. Paid subscriptions constitute 94% of the company's revenue.
The company's software is used by hundreds of millions of customers, from ordinary users to government agencies and large enterprises. DocuSign solutions are used in healthcare, education, financial services, insurance and other industries. The demand for the company's products is growing every year, and the customer base is expanding. The DocuSign stock are trading in a long-term bullish trend, which makes them attractive to investors who prefer long-term investments.
The DOCU stock price may be affected by the global transition to remote work. The trend is relevant both for startups and large organizations. Companies do not need to spend money on renting offices. DocuSign helps them conclude agreements remotely.
Other significant factors affecting the stock price are industry competition and DocuSign's financial statements. The company has to compete with well-known brands: PandaDoc, eSign, SignRequest and others. Competitors are constantly developing new solutions in the field of electronic signatures. If consumers choose them, then the price of DOCU is likely to go down.
The release of the company's financial statements is also capable of changing investor sentiment. Despite the steady growth of the stock price, DocuSign has to pay a lot of money for promotion. Revenue is growing steadily but slowly. This could induce investors to sell the stock. DocuSign securities are quite volatile which is good for traders who prefer short-term trading.
Risk warning: Trading in FX and CFDs entails high risk of losing capital.
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SellBuyActive SellActive Buy
| Sell | 59.22 |
| Buy | 59.24 |
| Sentiment | 100% ▴ |
| 1-day change | 4.97(9.16%) |
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DocuSign Inc (DOCU) (#DOCU) shares’ cost is $59.24 for today. The highest rate of shares DocuSign Inc (DOCU) (#DOCU) for today is $59.7800, the lowest price is $58.6600. The opening price was $59.41.
A real-time chart for DocuSign Inc (DOCU) (#DOCU) shares quote is provided below.
Price chart of #DOCU in real time mode
Available in trading accounts:
- ECN
- CLASSIC
Prev. Close59.03
Day's Range58.6600 - 59.7800
Opening59.41
52 wk Range38.11-64.76
Volume3,189,956
Shares Outstanding204,690,354
Average Volume2,341,177
Market Cap12.12B
1-Year Return14.59%
EPS0.523
Beta0.884
Revenue2.81B
P/E Ratio112.72
DividendsN/A(N/A)
Next Earnings Date2024-09-05
Spread0
Swap Long-6
Contract size1
Swap Short2.5
Stop&Limit Level0
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| #ZM | N/A | N/A | 8.54 | 14.12% |
| #GILD | N/A | N/A | 2.98 | 3.92% |
| #AGNC | N/A | N/A | 0.16 | 1.60% |
| #MRNA | N/A | N/A | -23.92 | -23.62% |
| #OKTA | N/A | N/A | -13.61 | -14.75% |
| #DOCU | N/A | N/A | 4.97 | 9.16% |
| #AMZN | N/A | N/A | -11.56 | -6.08% |
| #EBAY | N/A | N/A | 3.4 | 6.11% |
| #ADP | N/A | N/A | 14.28 | 5.46% |
| #DBX | N/A | N/A | 1.39 | 5.85% |
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| #POOL | N/A | N/A | -21.96 | -5.88% |
| #LCID | N/A | N/A | 0.58 | 16.91% |
| #COIN | N/A | N/A | -41.5 | -18.46% |
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| #QCOM | N/A | N/A | 3.2 | 1.86% |
Interesting facts about the #DOCU (DocuSign Inc)
Before DocuSign’s launch, its founder, Tom Gonser, worked directly with customers to find out their challenges and needs. As a result, he and his team created a solution for easy, legal, and secure electronic signing.
DocuSign’s stocks are traded on NASDAQ under the #DOCU ticker. DOCU stock’s all-time-high closing price was set at $310.05 on September 03, 2021.
Institutional investors own over 77% of the company's shares. As the company doesn’t pay dividends, it’s not as interesting for individual investors. That’s why it’s worth considering CFD trading.
The company operates in the packaged software industry within the technology services sector. If you decide to either invest in or trade DocuSign’s stocks, you should check the industry’s conditions. For instance, it’s important that the company’s annual revenue grows faster than the revenue in the US software application industry on average. The company also has a higher revenue compared to the whole market.
When dealing with a company’s stocks, you should also check the performance of its rivals. Shopify, Square, Snowflake, Synopsys, NetEase, Activision Blizzard, VMware, Datadog, CrowdStrike, and Autodesk are the key competitors of DocuSign.
Also, it’s important how many world indices include the company’s shares. DocuSign’s stocks are included only in six indices: Nasdaq, Nasdaq 100, NASDAQ Computer, NASDAQ Internet, and NQ 100 Technology Sector.
Although it seems the company’s services are in demand regardless of economic conditions, that isn’t the case. The company benefited from the Covid-19 pandemic, as many businesses had to move to online procedures. Although it seems that many companies found it profitable to operate remotely, some corporations will return to their offices. It means that the stock’s price may decline. The only advice for investors is to monitor global political and economic events and analyze them to make right decisions.
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