A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Oracle Corporation’s current trading price is -12.02% away from its 52-week high, while its distance from the 52-week low is 84.62%. The stock’s price range for this time frame has been between $60.78 and $127.54. The trading volume of the company’s shares in the Technology reached around 11.68 million for the day, which was evidently higher than the average daily volume of 10.62 million over the last three months.
Oracle Corporation (ORCL) current stock price is $112.21. During the last trading session, the stock soared, reaching $114.465 after opening at $113.42. The stock’s lowest point was $111.58 before it closed at $113.91.
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Oracle Corporation’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $127.54 on 06/15/23, with the lowest value being $60.78 on 09/29/22.
How Financial Performance Impacts Market Capitalization
Oracle Corporation (ORCL) has experienced a quarterly decline of -10.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 306.76B and boasts a workforce of 164000 employees.
Decoding Analysts’ Ratings for Oracle Corporation
As of right now, 13 analysts are rating Oracle Corporation as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 17 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 112.10, with a change in price of +18.15. Similarly, Oracle Corporation recorded 10,724,623 in trading volume during the last 100 days, posting a change of +19.30%.
How ORCL’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ORCL stands at 37.53. Similarly, the long-term debt-to-equity ratio is also 35.63.
ORCL Stock Stochastic Average
The raw stochastic average for Oracle Corporation over the last 50 days is presently at 24.41%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 24.41%. Further, the company’s Stochastic %K and %D values for the last 20 days were 29.63% and 26.85%, respectively.
ORCL Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded an increase of 37.28%. However, over the last six months, the performance has been weaker by 31.61%. The price of ORCL decreased -2.32% over the last 30 days. And in the last five days, it has fallen by -11.44%.
