Watch for Continued Gains in Shares of DigitalOcean Holdings Inc. (DOCN)

November 8, 2021 12:13:14

DigitalOcean Holdings Inc. (NYSE:DOCN) traded at a new 52-week high today of $113.46. Approximately 964,000 shares have changed hands today, as compared to an average 30-day volume of 1.6 million shares.

DigitalOcean Holdings Inc. share prices have moved between a 52-week high of $113.46 and a 52-week low of $35.35 and are now trading 220% above that low price at $113.00 per share.

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.

DigitalOcean Holdings Inc. has overhead space with shares priced $113.00, or 23.8% below the average consensus analyst price target of $148.20.

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