On Tuesday, DigitalOcean Holdings Inc (NYSE: DOCN) was 0.32% up from the session before settling in for the closing price of $43.86. A 52-week range for DOCN has been $19.39 – $44.48.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 27.94%. When this article was written, the company’s average yearly earnings per share was at 5.01%. With a float of $59.36 million, this company’s outstanding shares have now reached $90.24 million.
The extent of productivity of a business whose workforce counts for 1156 workers is very important to gauge. In terms of profitability, gross margin is 60.21%, operating margin of 10.93%, and the pretax margin is 12.2%.
DigitalOcean Holdings Inc (DOCN) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward DigitalOcean Holdings Inc stocks. The insider ownership of DigitalOcean Holdings Inc is 35.53%, while institutional ownership is 56.84%. The most recent insider transaction that took place on Sep 11 ’24, was worth 499,920. In this transaction Chief Financial Officer of this company sold 12,498 shares at a rate of $40.00, taking the stock ownership to the 548,542 shares. Before that another transaction happened on Sep 11 ’24, when Company’s Officer proposed sale 12,498 for $40.00, making the entire transaction worth $499,920.
DigitalOcean Holdings Inc (DOCN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 5.01% per share during the next fiscal year.
DigitalOcean Holdings Inc (NYSE: DOCN) Trading Performance Indicators
You can see what DigitalOcean Holdings Inc (DOCN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.51. Likewise, its price to free cash flow for the trailing twelve months is 34.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.71, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 1.84 in one year’s time.
Technical Analysis of DigitalOcean Holdings Inc (DOCN)
The latest stats from [DigitalOcean Holdings Inc, DOCN] show that its last 5-days average volume of 0.96 million was inferior to 1.28 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 90.90%. Additionally, its Average True Range was 1.58.
During the past 100 days, DigitalOcean Holdings Inc’s (DOCN) raw stochastic average was set at 97.15%, which indicates a significant increase from 91.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.38% in the past 14 days, which was lower than the 50.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.55, while its 200-day Moving Average is $36.44. Now, the first resistance to watch is $44.62. This is followed by the second major resistance level at $45.24. The third major resistance level sits at $45.98. If the price goes on to break the first support level at $43.27, it is likely to go to the next support level at $42.53. The third support level lies at $41.91 if the price breaches the second support level.
DigitalOcean Holdings Inc (NYSE: DOCN) Key Stats
There are 91,091K outstanding shares of the company, which has a market capitalization of 4.05 billion. As of now, sales total 692,880 K while income totals 19,410 K. Its latest quarter income was 192,480 K while its last quarter net income were 19,140 K.
