Oracle Corporation (ORCL) : Investors lapped up stocks on upticks to the tune of $58.67 million in the Mondays trading session. The trading value on downticks was comparatively at $28.28 million and the uptick to downtick ratio of 2.08 indicates continuous buying by the bulls. The net money flow into the stock was $30.4 million. Upticks saw transactions worth $30.32 clearly indicating buying by large investors. The total money flow for block trades stood at $30.32 million, which is a positive for the stock in the long-term. Oracle Corporation (ORCL) fell $0.19 during the day at $41.09, a drop of -0.46% over the previous days close. However, for the week, the stock is -0.1%, compared to the previous week.
Shares of Oracle Corporation appreciated by 0.56% during the last five trading days but lost 0.91% on a 4-week basis. Oracle Corporation is up 3.93% in the last 3-month period. Year-to-Date the stock performance stands at 14.62%.
Oracle Corporation (NYSE:ORCL): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $41.00 and $41.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $41.64. The buying momentum continued till the end and the stock did not give up its gains. It closed at $41.39, notching a gain of 0.73% for the day. The total traded volume was 12,774,946 . The stock had closed at $41.09 on the previous day.
In a related news, Fowler John F, officer (EVP, Systems) of Oracle Corp, unloaded 500,000 shares at an average price of $41.1 on August 10, 2016. The total amount of the transaction was worth $20,550,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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