A new trading day began on Monday, with DigitalOcean Holdings Inc (NYSE: DOCN) stock price down -5.83% from the previous day of trading, before settling in for the closing price of $42.85. DOCN’s price has ranged from $26.63 to $47.02 over the past 52 weeks.
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Annual sales at Technology sector company grew by 25.38% over the past five years. Meanwhile, its annual earnings per share averaged -0.30%. With a float of $62.03 million, this company’s outstanding shares have now reached $92.23 million.
Let’s look at the performance matrix of the company that is accounted for 1210 employees. In terms of profitability, gross margin is 60.84%, operating margin of 11.66%, and the pretax margin is 12.52%.
DigitalOcean Holdings Inc (DOCN) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of DigitalOcean Holdings Inc is 32.63%, while institutional ownership is 62.12%. The most recent insider transaction that took place on Feb 19 ’25, was worth 208,097. In this transaction Chief Product & Tech Officer of this company sold 4,516 shares at a rate of $46.08, taking the stock ownership to the 365,729 shares. Before that another transaction happened on Feb 18 ’25, when Company’s Chief Revenue Officer sold 10,551 for $45.00, making the entire transaction worth $474,795. This insider now owns 135,840 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 0.47 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.30% per share during the next fiscal year.
DigitalOcean Holdings Inc (NYSE: DOCN) Trading Performance Indicators
Here are DigitalOcean Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.76. Likewise, its price to free cash flow for the trailing twelve months is 38.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.87, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 2.20 in one year’s time.
Technical Analysis of DigitalOcean Holdings Inc (DOCN)
DigitalOcean Holdings Inc (NYSE: DOCN) saw its 5-day average volume 2.37 million, a positive change from its year-to-date volume of 1.35 million. As of the previous 9 days, the stock’s Stochastic %D was 53.81%. Additionally, its Average True Range was 2.77.
During the past 100 days, DigitalOcean Holdings Inc’s (DOCN) raw stochastic average was set at 52.76%, which indicates a significant increase from 38.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 80.24% in the past 14 days, which was higher than the 51.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.16, while its 200-day Moving Average is $37.79. Nevertheless, the first resistance level for the watch stands at $42.41 in the near term. At $44.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $45.70. If the price goes on to break the first support level at $39.12, it is likely to go to the next support level at $37.89. Assuming the price breaks the second support level, the third support level stands at $35.83.
DigitalOcean Holdings Inc (NYSE: DOCN) Key Stats
With a market capitalization of 3.71 billion, the company has a total of 92,068K Shares Outstanding. Currently, annual sales are 692,880 K while annual income is 19,410 K. The company’s previous quarter sales were 198,480 K while its latest quarter income was 32,950 K.
