On Friday, DigitalOcean Holdings Inc (NYSE: DOCN) was -8.26% drop from the session before settling in for the closing price of $31.23. A 52-week range for DOCN has been $26.63 – $47.02.
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Annual sales at Technology sector company grew by 25.38% over the past five years. When this article was written, the company’s average yearly earnings per share was at -0.44%. With a float of $62.09 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 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 32.56%, while institutional ownership is 61.77%. The most recent insider transaction that took place on Mar 18 ’25, was worth 144,615. In this transaction Chief Product & Tech Officer of this company sold 3,948 shares at a rate of $36.63, taking the stock ownership to the 358,696 shares. Before that another transaction happened on Mar 18 ’25, when Company’s Officer proposed sale 3,948 for $36.63, making the entire transaction worth $144,615.
DigitalOcean Holdings Inc (DOCN) Latest Financial update
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 -0.44% 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 2.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.38. Likewise, its price to free cash flow for the trailing twelve months is 27.42.
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 2.19 in one year’s time.
Technical Analysis of DigitalOcean Holdings Inc (DOCN)
DigitalOcean Holdings Inc (NYSE: DOCN) saw its 5-day average volume 1.59 million, a positive change from its year-to-date volume of 1.29 million. As of the previous 9 days, the stock’s Stochastic %D was 21.39%. Additionally, its Average True Range was 2.25.
During the past 100 days, DigitalOcean Holdings Inc’s (DOCN) raw stochastic average was set at 5.02%, which indicates a significant decrease from 9.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.33% in the past 14 days, which was higher than the 53.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.56, while its 200-day Moving Average is $37.68. Nevertheless, the first resistance level for the watch stands at $31.57 in the near term. At $34.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $36.43. If the price goes on to break the first support level at $26.71, it is likely to go to the next support level at $24.76. The third support level lies at $21.85 if the price breaches the second support level.
DigitalOcean Holdings Inc (NYSE: DOCN) Key Stats
There are 92,068K outstanding shares of the company, which has a market capitalization of 2.64 billion. As of now, sales total 780,620 K while income totals 84,490 K. Its latest quarter income was 204,930 K while its last quarter net income were 18,270 K.
