The stock of Oracle Corporation (ORCL) has gone down by -2.36% for the week, with a -4.79% drop in the past month and a 5.29% rise in the past quarter. The volatility ratio for the week is 3.06%, and the volatility levels for the past 30 days are 2.06% for ORCL. The simple moving average for the last 20 days is -2.56% for ORCL stock, with a simple moving average of 9.77% for the last 200 days.
Is It Worth Investing in Oracle Corporation (NYSE: ORCL) Right Now?
The price-to-earnings ratio for Oracle Corporation (NYSE: ORCL) is 26.49x, which is above its average ratio. Moreover, the 36-month beta value for ORCL is 0.99. Analysts have varying opinions on the stock, with 12 analysts rating it as a “buy,” 1 as “overweight,” 17 as “hold,” and 1 as “sell.”
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The average price recommended by analysts for Oracle Corporation (ORCL) is $97.38, which is $11.02 above the current market price. The public float for ORCL is 1.54B and currently, short sellers hold a 0.98% of that float. On March 17, 2023, ORCL’s average trading volume was 6.97M shares.
ORCL) stock’s latest price update
Oracle Corporation (NYSE: ORCL)’s stock price has increased by 2.22 compared to its previous closing price of 82.98. However, the company has experienced a -2.36% decline in its stock price over the last five trading sessions. The Wall Street Journal reported on 12/13/22 that Oracle Spends Like There Is a Big Tomorrow
Analysts’ Opinion of ORCL
The stock of Oracle Corporation (ORCL) has gone down by -2.36% for the week, with a -4.79% drop in the past month and a 5.29% rise in the past quarter. The volatility ratio for the week is 3.06%, and the volatility levels for the past 30 days are 2.06% for ORCL. The simple moving average for the last 20 days is -2.56% for ORCL stock, with a simple moving average of 9.77% for the last 200 days.
Analysts’ Opinion of ORCL
DA Davidson, on the other hand, stated in their research note that they expect to see ORCL reach a price target of $85. The rating they have provided for ORCL stocks is “Neutral” according to the report published on January 18th, 2023.
Mizuho gave a rating of “Buy” to ORCL, setting the target price at $116 in the report published on January 11th of the current year.
ORCL Trading at -3.05% from the 50-Day Moving Average
After a stumble in the market that brought ORCL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.02% of loss for the given period.
Volatility was left at 2.06%, however, over the last 30 days, the volatility rate increased by 3.06%, as shares sank -3.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.31% upper at present.
During the last 5 trading sessions, ORCL fell by -2.36%, which changed the moving average for the period of 200-days by +16.54% in comparison to the 20-day moving average, which settled at $86.88. In addition, Oracle Corporation saw 3.77% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ORCL starting from Fairhead Rona Alison, who sale 8,080 shares at the price of $89.82 back on Feb 03. After this action, Fairhead Rona Alison now owns 11,197 shares of Oracle Corporation, valued at $725,749 using the latest closing price.
HENLEY JEFFREY, the Vice Chairman of Oracle Corporation, sale 400,000 shares at $82.00 during a trade that took place back on Dec 14, which means that HENLEY JEFFREY is holding 1,792,688 shares at $32,800,181 based on the most recent closing price.
Stock Fundamentals for ORCL
Current profitability levels for the company are sitting at:
- +37.38 for the present operating margin
- +76.37 for the gross margin
The net margin for Oracle Corporation stands at +15.83. Equity return is now at value -92.80, with 4.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.62.
Conclusion
To wrap up, the performance of Oracle Corporation (ORCL) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
