Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Oracle Corp.’s current trading price is -8.89% away from its 52-week high, while its distance from the 52-week low is 48.86%. The stock’s price range over this period has fluctuated between $78.06 and $127.54. The company, operating within the financial sector, had a trading volume of approximately 1.67 million for the day, which was noticeably lower than the average daily share volume of 9.98 million over the last 3 months.
At present, Oracle Corp. (ORCL) has a stock price of $116.20. In the previous session, the stock saw a rise, peaking at $117.149 after an opening price of $115.65. The day’s lowest price was $115.51, and it closed at $116.92.
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Oracle Corp. experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $127.54 on 06/15/23, while the lowest price for the same period was registered at $78.06 on 12/06/22.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Oracle Corp. (ORCL) has experienced a quarterly decline of -1.39% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 318.32B and boasts a workforce of 164000 employees.
Oracle Corp.: What Analysts Are Saying
As of right now, 12 analysts are rating Oracle Corp. as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 18 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 113.11, with a change in price of -2.82. Similarly, Oracle Corp. recorded 8,969,030 in trading volume during the last 100 days, posting a change of -2.37%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared 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
Today’s raw stochastic average for Oracle Corp. over the last 50 days is 92.14%.This indicates a increase from the raw stochastic average of the past 20 days, which was 92.14%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 94.73% and 92.62%, respectively.
ORCL Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 42.16%.However, over the last six months, we can see a weaker performance of 17.92%. Over the last 30 days, the price of ORCL has fallen by 12.10%. And in the last five days, it has surged by 0.09%.