DigitalOcean Holdings Inc (NYSE: DOCN) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

The company is listed on the NYSE and operates within the Software – Infrastructure industry segment. The current market capitalization of DigitalOcean Holdings Inc is $3.54B. A total of 0.74 million shares were traded on the day, compared to an average of 1.24M shares.

In the most recent transaction, Steinfort Matt sold 12,498 shares of DOCN for 40.00 per share on Sep 11 ’24. After the transaction, the Chief Financial Officer now owns 548,542 company shares. In a previous transaction on Sep 11 ’24, Steinfort Matt bought 12,498 shares at 40.00 per share.

Among the insiders who sold shares, Butte Amy disposed of 5,220 shares on Jun 07 ’24 at a per-share price of $37.46. This resulted in the Director holding 36,417 shares of DOCN after the transaction. In another insider transaction, Butte Amy sold 3,760 shares at $36.80 per share on Feb 26 ’24. Company shares held by the Director now total 36,220.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, DOCN has a high of $44.80 and a low of $24.60.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. DOCN’s latest balance sheet shows that the firm has $1.71B in Cash & Short Term Investments as of fiscal 2021. There were $1.46B in debt and $58.24M in liabilities at the time. Its Book Value Per Share was -$2.29, while its Total Shareholder’s Equity was $578.20M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DOCN is Buy with a score of 3.85.

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