The stock of DigitalOcean Holdings Inc (DOCN) has seen a 0.17% increase in the past week, with a 17.25% gain in the past month, and a 2.57% flourish in the past quarter. The volatility ratio for the week is 3.86%, and the volatility levels for the past 30 days are at 4.44% for DOCN. The simple moving average for the past 20 days is 10.13% for DOCN’s stock, with a 13.20% simple moving average for the past 200 days.
Is It Worth Investing in DigitalOcean Holdings Inc (NYSE: DOCN) Right Now?
DigitalOcean Holdings Inc (NYSE: DOCN) has a price-to-earnings ratio that is above its average at 49.32x. The stock has a 36-month beta value of 1.81. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 4 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for DOCN is 62.19M, and at present, short sellers hold a 10.36% of that float. On February 05, 2025, the average trading volume of DOCN was 933.17K shares.
DOCN) stock’s latest price update
The stock of DigitalOcean Holdings Inc (NYSE: DOCN) has increased by 2.60 when compared to last closing price of 40.82.Despite this, the company has seen a gain of 0.17% in its stock price over the last five trading days. fool.com reported 2025-01-31 that DigitalOcean (DOCN -0.26%) generates excellent growth in cash flow, but that does not make it an undervalued investment by itself.
Analysts’ Opinion of DOCN
Many brokerage firms have already submitted their reports for DOCN stocks, with Citigroup repeating the rating for DOCN by listing it as a “Buy.” The predicted price for DOCN in the upcoming period, according to Citigroup is $45 based on the research report published on January 24, 2025 of the current year 2025.
Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see DOCN reach a price target of $39. The rating they have provided for DOCN stocks is “Neutral” according to the report published on January 17th, 2025.
Morgan Stanley gave a rating of “Overweight” to DOCN, setting the target price at $41 in the report published on January 16th of the current year.
DOCN Trading at 11.28% from the 50-Day Moving Average
After a stumble in the market that brought DOCN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.52% of loss for the given period.
Volatility was left at 4.44%, however, over the last 30 days, the volatility rate increased by 3.86%, as shares surge +17.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.68% upper at present.
During the last 5 trading sessions, DOCN rose by +0.25%, which changed the moving average for the period of 200-days by +27.29% in comparison to the 20-day moving average, which settled at $38.03. In addition, DigitalOcean Holdings Inc saw 22.92% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DOCN starting from Saha Bratin, who sale 4,289 shares at the price of $36.80 back on Jan 21 ’25. After this action, Saha Bratin now owns 372,762 shares of DigitalOcean Holdings Inc, valued at $157,835 using the latest closing price.
Saha Bratin, the Officer of DigitalOcean Holdings Inc, proposed sale 4,289 shares at $36.80 during a trade that took place back on Jan 21 ’25, which means that Saha Bratin is holding shares at $157,835 based on the most recent closing price.
Stock Fundamentals for DOCN
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.6 for the gross margin
The net margin for DigitalOcean Holdings Inc stands at 0.11. The total capital return value is set at 0.05.
Based on DigitalOcean Holdings Inc (DOCN), the company’s capital structure generated 1.15 points at debt to capital in total, while cash flow to debt ratio is standing at 0.18. The debt to equity ratio resting at -7.68. The interest coverage ratio of the stock is 7.55.
Currently, EBITDA for the company is 153.59 million with net debt to EBITDA at 5.31. When we switch over and look at the enterprise to sales, we see a ratio of 6.8. The receivables turnover for the company is 8.57for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.14.
Conclusion
To sum up, DigitalOcean Holdings Inc (DOCN) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
