Docusign (DOCU) Reaches New 12-Month High and Low at $65.82

Share on StockTwits

Docusign Inc (NASDAQ:DOCU)’s share price reached a new 52-week high and low on Thursday . The stock traded as low as $65.82 and last traded at $64.79, with a volume of 40371 shares. The stock had previously closed at $64.99.

Several equities analysts have weighed in on DOCU shares. Morgan Stanley raised their price target on Docusign from $42.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Friday, June 8th. JMP Securities raised their price target on Docusign from $52.00 to $63.00 and gave the stock a “market outperform” rating in a research report on Friday, June 8th. Deutsche Bank raised their price target on Docusign from $45.00 to $50.00 and gave the stock a “hold” rating in a research report on Friday, June 8th. JPMorgan Chase & Co. started coverage on Docusign in a research report on Tuesday, May 22nd. They issued an “overweight” rating and a $53.00 price objective for the company. Finally, William Blair started coverage on Docusign in a research report on Tuesday, May 22nd. They issued an “outperform” rating for the company. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Docusign currently has an average rating of “Buy” and a consensus price target of $58.63.

Docusign (NASDAQ:DOCU) last announced its quarterly earnings data on Thursday, June 7th. The company reported $0.01 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.13) by $0.14. The business had revenue of $155.81 million during the quarter, compared to analysts’ expectations of $145.87 million. The firm’s quarterly revenue was up 37.3% compared to the same quarter last year. research analysts predict that Docusign Inc will post -2.29 earnings per share for the current fiscal year.

In other news, Director Keith J. Krach sold 165,026 shares of Docusign stock in a transaction on Tuesday, May 1st. The stock was sold at an average price of $29.00, for a total value of $4,785,754.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Ignition Gp Ii, Llc sold 784,843 shares of Docusign stock in a transaction on Tuesday, May 1st. The shares were sold at an average price of $29.00, for a total value of $22,760,447.00. The disclosure for this sale can be found here.

About Docusign

There is no company description available for Docusign Inc

Receive News & Ratings for Docusign Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Docusign and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

NFI Group Inc to Issue Quarterly Dividend of $0.38
NFI Group Inc to Issue Quarterly Dividend of $0.38
Summit Industrial Income REIT  Declares Monthly Dividend of $0.04
Summit Industrial Income REIT Declares Monthly Dividend of $0.04
TFI International Inc Plans Quarterly Dividend of $0.21
TFI International Inc Plans Quarterly Dividend of $0.21
Alibaba Group Holding Ltd  Receives Average Recommendation of “Buy” from Brokerages
Alibaba Group Holding Ltd Receives Average Recommendation of “Buy” from Brokerages
Hade Platform Price Tops $0.0480
Hade Platform Price Tops $0.0480
PosEx One Day Volume Reaches $0.00
PosEx One Day Volume Reaches $0.00


Leave a Reply

 
© 2006-2018 Zolmax.