Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Oracle Corp’s current trading price is -5.36% away from its 52-week high, while its distance from the 52-week low is 100.33%. The stock’s price range during this period has varied between $118.86 and $251.60. The company, active in the Technology sector, saw a trading volume of around 5.11 million for the day, considerably lower average daily volume of 12.65 million observed over the last three months.
Oracle Corp (ORCL) currently has a stock price of $238.11. The stock saw a sharp increase in the last trading session, hitting a high of $315.0 after opening at $239.17. The lowest recorded price for the day was $175.0 before it closed at $243.54.
Oracle Corp’s stock has had a calm market performance.
How Financial Performance Impacts Market Capitalization
Oracle Corp (ORCL) has experienced a quarterly rise of 93.87% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 668.82B and boasts a workforce of 162000 employees.
Decoding Analysts’ Ratings for Oracle Corp
As of right now, 22 analysts are rating Oracle Corp as a BUY, 5 of the polled analysts branded the stock as an OVERWEIGHT, 12 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 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 170.50, with a change in price of +65.74. Similarly, Oracle Corp recorded 12,372,389 in trading volume during the last 100 days, posting a change of +38.12%.
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 5.33. Similarly, the long-term debt-to-equity ratio is also 4.87.
ORCL Stock Stochastic Average
As of today, the raw stochastic average of Oracle Corp over the past 50 days is 86.85%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 68.90%. Additionally, the Stochastic %K and %D values for the company were 79.98% and 87.38%, respectively, over the past 20 days.
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. Year to date metric has recorded a gain of 72.51%.However, over the last six months, we can see a weaker performance of 47.87%. Over the last 30 days, the price of ORCL has fallen by 16.06%. And in the last five days, it has surged by 1.34%.
