DigitalOcean Holdings Inc vs Royal Bank of Canada — how do they compare? DigitalOcean Holdings Inc trades at $126.67 (market cap $12.87B), while Royal Bank of Canada trades at $215.06 (market cap $291.56B). The key difference: Royal Bank of Canada is far larger — about 22.7× DigitalOcean Holdings Inc's market cap, and Royal Bank of Canada pays a 2.42% dividend while DigitalOcean Holdings Inc pays none. Which is the better fit depends on your goals.
| DOCN | RY | |
|---|---|---|
Market Cap | $12.87B | $291.56B |
Sector | Technology | Financials |
52-Week High | $181.29 | $214.04 |
52-Week Low | $25.74 | $128.46 |
Enterprise Value | $13.43B | — |
Dividend Yield | — | 2.42% |
Trailing returns across standard periods
DigitalOcean Holdings Inc is a cloud computing platform offering on-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. The group has a business presence in North America, Europe, Asia and other countries.
Read more on DOCN →Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →