Shares of Oracle Corporation (ORCL) Sees Large Outflow of Money

Oracle Corporation (ORCL) : The total money flow in Oracle Corporation (ORCL) was negative ($23.62 million), showing the domination of sellers in the Tuesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $59.16 million. Transactions on upticks were comparatively lower at $35.54 million. The uptick to downtick ratio was 0.6. The total block trades done on upticks were valued at $0.62 million. The total block trades on downticks were valued at $28.43 million. The uptick to the downtick ratio of block trades was 0.02. The money flow during block trades was negative ($27.81 million) when the stock traded with a gain of $5 cent. Oracle Corporation (ORCL) was $41.31, an increase of 0.12% over the previous days close.


Also, Equity Analysts at the Brokerage Firm, Atlantic Equities, downgrades their rating on the shares of Oracle Corporation (NYSE:ORCL). Atlantic Equities has a Neutral rating on the shares. Previously, the analysts had a Overweight rating on the shares. The rating by the firm was issued on July 19, 2016.

Oracle Corporation has dropped 0.46% in the last five trading days, however, the shares have posted positive gains of 0.39% in the last 4 weeks. Oracle Corporation is up 2.99% in the last 3-month period. Year-to-Date the stock performance stands at 14.39%.

Oracle Corporation (NYSE:ORCL): The stock was completely flat for the day, closing at $41.31 on Tuesday. The flat closing masks the intraday volatility in the stock. After opening at $41.39, the stock touched an intraday high of $41.40 and a low of $41.15. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $41.31. The total trading volume on Tuesday was 6,840,673.

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 $41.12 in a transaction dated on August 15, 2016. The total value of the transaction was worth $154,200.

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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