Shares of DigitalOcean Holdings Inc. (DOCN) Exceed 52-Week High

September 14, 2021 10:05:37

DigitalOcean Holdings Inc. (NYSE:DOCN) traded at a new 52-week high today of $77.62. Approximately 62,000 shares have changed hands today, as compared to an average 30-day volume of 2.6 million shares.

Over the past year, DigitalOcean Holdings Inc. has traded in a range of $35.35 to $77.62 and is now at $76.93, 118% above that low.

DigitalOcean Holdings Inc. (NYSE:DOCN) has potential upside of 31.5% based on a current price of $76.93 and analysts’ consensus price target of $101.15.

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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