Oracle Corporation (ORCL) : Wednesdays money flow data in Oracle Corporation (ORCL) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $5.56 million, whereas, $2.31 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 2.4, in favor of the bulls. The total money flow into the stock was $3.25 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $3.36 million. The total value of block trades done on upticks was $3.36 million. Oracle Corporation (ORCL) fell $0.02 and traded at $39.29, down -0.04% for the day, over previous days close. On a weekly basis, the shares are 0.14% over the previous weeks close.
Oracle Corporation has lost 0.18% in the last five trading days and dropped 4.53% in the last 4 weeks. Oracle Corporation has dropped 2.38% during the last 3-month period . Year-to-Date the stock performance stands at 9.22%.
Oracle Corporation (ORCL) : Zacks Investment Research ranks Oracle Corporation (ORCL) as 5, which is a Strong Sell recommendation. 13 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 10 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 26 research analysts is 1.96, which indicates as a Buy.
Oracle Corporation (NYSE:ORCL): The stock opened at $39.23 and touched an intraday high of $39.5 on Wednesday. During the day, the stock corrected to an intraday low of $39.16, however, the bulls stepped in and pushed the price higher to close in the green at $39.44 with a gain of 0.36% for the day. The total traded volume for the day was 8,103,466. The stock had closed at $39.3 in the previous trading session.
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