On Friday, DigitalOcean Holdings Inc (NYSE: DOCN) was -2.06% drop from the session before settling in for the closing price of $28.22. A 52-week range for DOCN has been $25.45 – $47.02.
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A company in the Technology sector has jumped its sales by 25.38% annually for the last half of the decade. 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.
In an organization with 1210 employees, it is important to assess its efficiency. 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 61.86%. 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
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 3.26. Likewise, its price to free cash flow for the trailing twelve months is 26.45.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 2.44 million. That was better than the volume of 1.37 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 34.24%. Additionally, its Average True Range was 2.74.
During the past 100 days, DigitalOcean Holdings Inc’s (DOCN) raw stochastic average was set at 10.15%, which indicates a significant decrease from 17.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.05% in the past 14 days, which was higher than the 62.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.25, while its 200-day Moving Average is $37.54. However, in the short run, DigitalOcean Holdings Inc’s stock first resistance to watch stands at $28.29. Second resistance stands at $28.95. The third major resistance level sits at $29.64. If the price goes on to break the first support level at $26.94, it is likely to go to the next support level at $26.25. The third support level lies at $25.60 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 2.54 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.
