DigitalOcean Holdings Inc (DOCN) volume exceeds 2.59 million: A new investment opportunity for investors

A new trading day began on Friday, with DigitalOcean Holdings Inc (NYSE: DOCN) stock price down -3.73% from the previous day of trading, before settling in for the closing price of $34.33. DOCN’s price has ranged from $25.45 to $47.02 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Meanwhile, its annual earnings per share averaged 8.16%. With a float of $65.08 million, this company’s outstanding shares have now reached $91.11 million.

Considering the fact that the conglomerate employs 1210 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 59.67%, operating margin of 15.66%, and the pretax margin is 17.11%.

DigitalOcean Holdings Inc (DOCN) Breakdown of a Key Holders of the stock

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 28.52%, while institutional ownership is 64.96%. The most recent insider transaction that took place on Jun 18 ’25, was worth 96,112. In this transaction Chief Product & Tech Officer of this company sold 3,461 shares at a rate of $27.77, taking the stock ownership to the 294,546 shares. Before that another transaction happened on Jun 18 ’25, when Company’s Officer proposed sale 3,461 for $27.77, making the entire transaction worth $96,112.

DigitalOcean Holdings Inc (DOCN) Recent Fiscal highlights

In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.52 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 8.16% 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 2.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.61. Likewise, its price to free cash flow for the trailing twelve months is 32.84.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.27, a number that is poised to hit 0.49 in the next quarter and is forecasted to reach 2.13 in one year’s time.

Technical Analysis of DigitalOcean Holdings Inc (DOCN)

Compared to the last year’s volume of 1.58 million, its volume of 5.01 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 77.57%.

During the past 100 days, DigitalOcean Holdings Inc’s (DOCN) raw stochastic average was set at 59.98%, which indicates a significant decrease from 63.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.79 in the past 14 days, which was higher than the 1.44 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $28.95, while its 200-day Moving Average is $34.48.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.