It’s Not A Fantasy To Think That Oracle Corp (ORCL) Has Big Future Potential

Oracle Corp (NYSE:ORCL) currently has a daily average trading volume of 8.21M but it saw 4851102 shares traded in last market. With a market cap of 528.58B USD, the company’s current market price of $190.75 came rising about 0.98 while comparing to the previous closing price of $188.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $191.77 and as low as $99.26. In the recent trading on the day, stock has struck highest price mark of $187.82 while lowest mark touched by it was $190.97.

Taking a look at 20-day trading activity of Oracle Corp (ORCL) gives us an average price of $180.45, while its current price level is -0.53% below from 52-week high level whereas it is 92.17% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $174.39 while that of 200 days or SMA-200 reads an average of $139.46. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.93% during that period while stretching the period over a month that decreases to 1.81%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 68.23 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the RBC Capital Mkts which initiated the stock as “Sector Perform” in its note to investors issued on October 23, 2024, recommending a price target of $165 for it. Melius upgraded its recommendation for the stock as a “Buy” from “Hold” on September 16, 2024 while assigning a price target of $210. JMP Securities issued its recommendations for the stock as it upgraded the price target for the stock is $175.

Over the week, ORCL’s stock price is moving 0.59% up while it is 8.81% when we observe its performance for the past one month. Year-to-date it is 80.93% up and over the past year, the stock is showing an upside performance of 63.15%.

Currently, Oracle Corp’s total number of outstanding shares is 2.75B. Company’s return on investment (ROI) stands at 12.74% and return on equity (ROE) at 166.48%. It has a price to earnings ratio (P/E ratio) of 49.21 while having a 26.69 of forward P/E ratio. Stock’s beta reads 1.03. Stock has a price to book (P/B) ratio of 48.87 while price to sale or P/S ratio amounts to 9.82. Its return on asset (ROA) is 7.82% on average.