Shares of DigitalOcean Holdings Inc. (NYSE:DOCN) traded at a new 52-week high today of $58.65. This new high was reached on below average trading volume as 158,000 shares traded hands, while the average 30-day volume is approximately 469,000 shares.
Potential upside of 31.8% exists for DigitalOcean Holdings Inc., based on a current level of $55.36 and analysts’ average consensus price target of $72.95.
In the past 52 weeks, DigitalOcean Holdings Inc. share prices are bracketed by a low of $35.35 and a high of $58.65 and is now at $55.36, 57% above that low price.
DigitalOcean Holdings Inc is one of the leading cloud computing platforms offeringon-demand infrastructure and platform tools for developers, start-ups and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others.
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