Shares of Oracle Corporation (ORCL) Sees Large Inflow of Net Money Flow

Oracle Corporation (ORCL) : Fridays money flow points at investors jumping to buy the stock on the weakness of price. $13.86 million worth of transactions were on upticks, whereas, the downticks accounted for $9.07 million worth of transactions. The net money flow was a positive $4.78 million and the uptick to downtick ratio was 1.53. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 14.69 in their favor. The net money flow into the stock was $5.61 million. The value of block trades done on downticks was only $0.41 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $6.02 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Oracle Corporation (ORCL) was trading at $41.01, down $0.06 during day. The stock slid -0.15% over the previous days close. For the week, the stock recorded -1.82% over the previous weeks close.


Oracle Corporation (ORCL) : Currently there are 22 street experts covering Oracle Corporation (ORCL) stock. The most bullish and bearish price target for the stock is $52 and $31 respectively for the short term. The average price target of all the analysts comes to $45.05. The estimated standard deviation from the target is $4.92.

Oracle Corporation (NYSE:ORCL): stock turned positive on Friday. Though the stock opened at $41.12, the bulls momentum made the stock top out at $41.21 level for the day. The stock recorded a low of $40.945 and closed the trading day at $41.08, in the green by 0.02%. The total traded volume for the day was 10,426,334. The stock had closed at $41.07 in the previous days trading.

In a related news, The Securities and Exchange Commission has divulged that Garcia-Molina Hector, director of Oracle Corp, had unloaded 3,750 shares at an average price of $41.78 in a transaction dated on July 15, 2016. The total value of the transaction was worth $156,675.

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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