Large Outflow of Money Witnessed in Oracle Corporation

Oracle Corporation (ORCL): The stock had negative money flow to the tune of ($8.42 million) on Monday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $6.41 million, whereas, the outflow of money on downticks was $14.83 million and the ratio between the two was 0.43. The block trade had a negative net money flow of ($8.65 million). On the other hand, downticks amounted to $8.65 million of the traded value, which shows distribution in the stock by traders. Oracle Corporation (ORCL) closed with marginal gains of 4 cents to end the day at $41.81, an increase of 0.1% over the previous days close. The stock recorded 2.3% for the week.


Oracle Corporation is up 1.34% in the last 3-month period. Year-to-Date the stock performance stands at 15.31%. Shares of Oracle Corporation rose by 2.11% in the last five trading days and 8.16% for the last 4 weeks. In a related news,The director of Oracle Corp, Seligman Naomi O sold 25,000 shares at $40.74 on June 23, 2016. The Insider selling transaction had a total value worth of $1,018,500. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Oracle Corporation (NYSE:ORCL): On Mondays trading session , Opening price of the stock was $41.71 with an intraday high of $41.835. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $41.58. However, the stock managed to close at $41.64, a loss of 0.31% for the day. On the previous day, the stock had closed at $41.77. The total traded volume of the day was 8,738,905 shares.

Oracle Corporation (Oracle) is a provider of enterprise software and computer hardware products, and services. The Companys offerings include Oracle database and middleware software, application software, cloud infrastructure, hardware systems including computer server, storage and networking products, and related services. It operates through various segments, including new software licenses and cloud software subscriptions, which include software licenses and Oracle Cloud offerings; cloud infrastructure-as-a-service, which provides deployment and management offerings; software license updates and product support, which includes support, enhancements and upgrades for Oracle software products; hardware systems products, which includes servers, storage, networking, virtualization software, operating systems and management software; hardware systems support, which provides software updates for software components, and services business, which offers consulting services

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