On Tuesday, DigitalOcean Holdings Inc (NYSE: DOCN) was 4.90% up from the session before settling in for the closing price of $44.51. A 52-week range for DOCN has been $26.63 – $46.46.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 28.56%. When this article was written, the company’s average yearly earnings per share was at 9.95%. With a float of $62.19 million, this company’s outstanding shares have now reached $92.40 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 60.18%, operating margin of 9.18%, and the pretax margin is 10.87%.
DigitalOcean Holdings Inc (DOCN) Insider Updates
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 32.61%, while institutional ownership is 61.99%. The most recent insider transaction that took place on Feb 18 ’25, was worth 474,795. Before that another transaction happened on Jan 21 ’25, when Company’s Chief Product & Tech Officer sold 4,289 for $36.80, making the entire transaction worth $157,835. This insider now owns 372,762 shares in total.
DigitalOcean Holdings Inc (DOCN) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.95% 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 3.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.70. Likewise, its price to free cash flow for the trailing twelve months is 43.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.85, a number that is poised to hit 0.34 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 0.95 million was inferior to 1.09 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 77.05%. Additionally, its Average True Range was 1.78.
During the past 100 days, DigitalOcean Holdings Inc’s (DOCN) raw stochastic average was set at 97.66%, which indicates a significant increase from 96.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.65% in the past 14 days, which was lower than the 45.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.68, while its 200-day Moving Average is $37.49. Now, the first resistance to watch is $47.66. This is followed by the second major resistance level at $48.63. The third major resistance level sits at $50.23. If the price goes on to break the first support level at $45.08, it is likely to go to the next support level at $43.48. Assuming the price breaks the second support level, the third support level stands at $42.51.
DigitalOcean Holdings Inc (NYSE: DOCN) Key Stats
There are 92,282K outstanding shares of the company, which has a market capitalization of 4.31 billion. As of now, sales total 692,880 K while income totals 19,410 K. Its latest quarter income was 198,480 K while its last quarter net income were 32,950 K.
