Oracle Corp (NYSE:ORCL) shares, rose in value on Thursday, February 13, with the stock price up by 0.95% to the previous day’s close as strong demand from buyers drove the stock to $173.86.
Actively observing the price movement in the last trading, the stock closed the session at $172.22. The PE ratio was 42.55 over 12-month period. Referring to stock’s 52-week performance, its high was $198.31, and the low was $106.51. On the whole, ORCL has fluctuated by 11.23% over the past month.
With the market capitalization of Oracle Corp currently standing at about $486.28 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 1.60, with its dividend yield at 0.92%.
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% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.13, with the price of ORCL currently trading nearly 1.40% and 1.54% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.90, while the 7-day volatility ratio is showing 2.12% which for the 30-day chart, stands at 3.53%. Furthermore, Oracle Corp (ORCL)’s beta value is 1.06, and its average true range (ATR) is 5.91.
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 0.95% in last session, and over the past year, it grew by 50.09%%.
Data on historical trading for Oracle Corp (NYSE:ORCL) indicates that the trading volumes over the past 3 months, they’ve averaged 10.67 million. According to company’s latest data on outstanding shares, there are 2.80 billion shares outstanding.
Nearly 41.22% of Oracle Corp’s shares belong to company insiders and institutional investors own 44.42% of the company’s shares. The stock has risen by 4.33% 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.
