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Oracle (ORCL) Laps the Stock Market: Here's Why
Oracle (ORCL) closed at $247.71 in the latest trading session, marking a +1.06% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.02%. Elsewhere, the Dow saw ...
Another called the quarterly results “amazing.” Oracle stock fell 0.62% to $176.38 on Wednesday and jumped 7.58% to $189.75 in the after-hours session. The stock is up about 6.5% this year.
With a 43% rise year-to-date (YTD), Oracle stock (NYSE:ORCL) has fared much better than the broader S&P 500 index, which has gained 7%. This outperformance is partly attributed to rising demand ...
Furthermore, despite Oracle’s blazing stock performance, at 31.3X forward earnings, ORCL still trades beneath Microsoft’s 37.1X and their Zacks Computer-Software Industry average of 35.9X.
Oracle Stock Performance The company’s fifty day simple moving average is $160.39 and its two-hundred day simple moving average is $161.52. The company has a debt-to-equity ratio of 4.07, a ...
Oracle Stock Performance The company has a debt-to-equity ratio of 4.07, a quick ratio of 1.02 and a current ratio of 0.75. The stock’s 50-day moving average is $155.97 and its 200 day moving ...