DigitalOcean Holdings Inc’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $51.69 on 07/19/23, with the lowest value being $19.39 on 11/01/23.
52-week price history of DOCN Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. DigitalOcean Holdings Inc’s current trading price is -32.58% away from its 52-week high, while its distance from the 52-week low is 79.73%. The stock’s price range for this period has remained between $19.39 and $51.69. The Technology sector company’s shares managed to surpass a trading volume of around 12.51 million for the day, which was noticeably higher compared to the shares’ average daily volume of 1.12 million over the last three months.
Financial Performance and Market Capitalization
DigitalOcean Holdings Inc (DOCN) has experienced a quarterly rise of 1.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.16B and boasts a workforce of 1156 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 36.41, with a change in price of +3.45. Similarly, DigitalOcean Holdings Inc recorded 1,164,475 in trading volume during the last 100 days, posting a change of +10.99%.
DOCN Stock Stochastic Average
As of today, the raw stochastic average of DigitalOcean Holdings Inc over the past 50 days is 33.76%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 54.70%. Additionally, the Stochastic %K and %D values for the company were 53.12% and 52.24%, respectively, over the past 20 days.
DOCN Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Year to date metric has recorded a loss of -5.01%.However, over the last six months, we can see a weaker performance of 64.15%. Over the last 30 days, the price of DOCN has leaped by -6.62%. And in the last five days, it has surged by 2.38%.
