Oracle Corp (NYSE:ORCL) shares, rose in value on Wednesday, May 07, with the stock price up by 1.13% to the previous day’s close as strong demand from buyers drove the stock to $149.37.
Actively observing the price movement in the last trading, the stock closed the session at $147.70. The PE ratio was 35.09 over 12-month period. Referring to stock’s 52-week performance, its high was $198.31, and the low was $114.55. On the whole, ORCL has fluctuated by 17.47% over the past month.
With the market capitalization of Oracle Corp currently standing at about $418.87 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.70, with its dividend yield at 1.14%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ORCL’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.62, with the price of ORCL currently trading nearly 8.47% and 3.24% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.25, while the 7-day volatility ratio is showing 2.21% which for the 30-day chart, stands at 3.80%. Furthermore, Oracle Corp (ORCL)’s beta value is 1.29, and its average true range (ATR) is 5.52.
A comparison of Oracle Corp (ORCL) with its peers suggests the former has fared considerably weaker in the market. ORCL showed an intraday change of 1.13% in last session, and over the past year, it grew by 28.99%%.
Data on historical trading for Oracle Corp (NYSE:ORCL) indicates that the trading volumes over the past 3 months, they’ve averaged 10.59 million. According to company’s latest data on outstanding shares, there are 2.80 billion shares outstanding.
Nearly 41.20% of Oracle Corp’s shares belong to company insiders and institutional investors own 44.52% of the company’s shares. The stock has fallen by -10.36% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ORCL stock heading into the next quarter.
