DigitalOcean Holdings Inc (NYSE: DOCN) kicked off on Monday, down -7.37% from the previous trading day, before settling in for the closing price of $39.89. Over the past 52 weeks, DOCN has traded in a range of $26.63-$47.02.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 25.38%. While this was happening, its average annual earnings per share was recorded -0.30%. With a float of $62.11 million, this company’s outstanding shares have now reached $92.23 million.
The extent of productivity of a business whose workforce counts for 1210 workers is very important to gauge. 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
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of DigitalOcean Holdings Inc is 32.54%, while institutional ownership is 62.08%. The most recent insider transaction that took place on Mar 04 ’25, was worth 499,880. In this transaction Chief Financial Officer of this company sold 12,497 shares at a rate of $40.00, taking the stock ownership to the 557,938 shares. Before that another transaction happened on Mar 04 ’25, when Company’s Officer proposed sale 12,497 for $40.00, making the entire transaction worth $499,880.
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
Take a look at DigitalOcean Holdings Inc’s (DOCN) current performance indicators. Last quarter, 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 4.36. Likewise, its price to free cash flow for the trailing twelve months is 35.36.
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)
The latest stats from [DigitalOcean Holdings Inc, DOCN] show that its last 5-days average volume of 1.19 million was inferior to 1.34 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 24.38%. Additionally, its Average True Range was 2.70.
During the past 100 days, DigitalOcean Holdings Inc’s (DOCN) raw stochastic average was set at 28.68%, which indicates a significant increase from 11.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 81.56% in the past 14 days, which was higher than the 53.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.55, while its 200-day Moving Average is $37.84. Now, the first resistance to watch is $38.70. This is followed by the second major resistance level at $40.45. The third major resistance level sits at $41.97. If the price goes on to break the first support level at $35.44, it is likely to go to the next support level at $33.92. Assuming the price breaks the second support level, the third support level stands at $32.17.
DigitalOcean Holdings Inc (NYSE: DOCN) Key Stats
The company with the Market Capitalisation of 3.40 billion has total of 92,068K Shares Outstanding. Its annual sales at the moment are 780,620 K in contrast with the sum of 84,490 K annual income. Company’s last quarter sales were recorded 204,930 K and last quarter income was 18,270 K.
