|Bid||225.68 x 800|
|Ask||226.70 x 800|
|Day's range||219.15 - 228.56|
|52-week range||64.88 - 290.23|
|Beta (5Y monthly)||0.87|
|PE ratio (TTM)||N/A|
|Earnings date||11 Mar 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||278.41|
DocuSign (DOCU) closed the most recent trading day at $226.66, moving +0.41% from the previous trading session.
The stock market's volatility continued on Thursday, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) felt the brunt of the damage. As of 1:45 p.m. EST, the Nasdaq was down more than 2.5%, which was the worst performance of any of the major U.S. stock market benchmarks. Amid high-profile tech stocks with recurring revenue models, DocuSign (NASDAQ: DOCU) gave back some of its recent gains.
There's little doubt that the digital signature market got a big boost from the pandemic, and as the industry leader, DocuSign (NASDAQ: DOCU) was a major beneficiary. During the first nine months of 2020, revenue grew 46% year over year, while the company's operating loss edged lower. While DocuSign's dominance of the e-signature space still represents a significant market opportunity, there's another one that's just as big waiting in the wings.