(VIANEWS) – Shares of DocuSign (NASDAQ: DOCU) rose by a staggering 16.78% in 5 sessions from $49.69 at 16.78, to $58.03 at 14:56 EST on Thursday, after three consecutive sessions in a row of gains. NASDAQ is jumping 1.99% to $11,661.50, after three successive sessions in a row of gains.
DocuSign’s last close was $56.55, 50.25% under its 52-week high of $113.67.
About DocuSign
DocuSign, Inc. provides electronic signature software in the United States and internationally. The company provides e-signature solution that enables businesses to digitally prepare, sign, act on, and manage agreements. It also offers CLM, which automates workflows across the entire agreement process; Insights that use artificial intelligence (AI) to search and analyze agreements by legal concepts and clauses; Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce; Negotiate for Salesforce that supports for approvals, document comparisons, and version control; Analyzer, which helps customers understand what they're signing before they sign it; and CLM+ that provide AI-driven contract lifecycle management. The company provides Guided Forms, which enable complex forms to be filled via an interactive and step-by-step process; Click that supports no-signature-required agreements for standard terms and consents; Identify, a signer-identification option for checking government-issued IDs; Standards-Based Signatures, which support signatures that involve digital certificates; Payments that enables customers to collect signatures and payment; Remote Online Notary is a solution using audio-visual and identify verification technologies to enable notarization; and Monitor using advanced analytics to track DocuSign eSignature web, mobile, and API account. It offers industry-specific cloud offerings, including Rooms for Real Estate that provides a way for brokers and agents to manage the entire real estate transaction digitally; Rooms for Mortgage, which offers digital workspace to create and close mortgages; FedRAMP, an authorized version of DocuSign eSignature for U.S. federal government agencies; and life sciences modules that support compliance with the electronic signature practices. The company sells its products through direct, partner-assisted, and Web-based sales. It serves enterprise, commercial, and small businesses. The company was incorporated in 2003 and is headquartered in San Francisco, California.
Earnings Per Share
As for profitability, DocuSign has a trailing twelve months EPS of $-1.31.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -37.5%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, DocuSign’s stock is considered to be oversold (<=20).
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 8.3% and 26.3%, respectively.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.3%, now sitting on 2.44B for the twelve trailing months.
Moving Average
DocuSign’s worth is below its 50-day moving average of $60.16 and below its 200-day moving average of $58.95.
More news about DocuSign (DOCU).
