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Stock impact report

Is DigitalOcean (DOCN) Fairly Priced After Strong Three Year Share Price Gains? [Yahoo! Finance]

DigitalOcean Holdings, Inc. (DOCN) 
Company Research Source: Yahoo! Finance
If you are wondering whether DigitalOcean Holdings is fairly priced or offering value right now, you will want to look past the headline share price and focus on what different valuation methods are signaling. The stock recently closed at US$52.76, after a 0.8% decline over the last 7 days, an 11.0% return over the last 30 days, a 7.7% return year to date, a 46.0% return over the last year, and a 91.0% return over the last 3 years. These moves have kept interest in DigitalOcean elevated, with investors paying close attention to how the company is positioning itself in cloud services and how that is reflected in its share price. The aim here is to separate the story in the news from what the underlying numbers say about value. Right now DigitalOcean scores 3 out of 6 on our valuation checks. You can see the breakdown in this valuation score . This sets up a closer look at common valuation tools like discounted cash flow and multiples, before finishing with a more rounded way to Show less Read more
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