Oracle Co. Stock (New York Stock Exchange:ORCL) experienced a 0.9% decrease in trading on Friday, reaching a low of $141.08. The company saw 2,802,696 shares traded, significantly lower than the average session volume. Analysts have set new price targets for Oracle, with varying ratings ranging from “buy” to “hold.” The company’s stock performance includes factors such as quick ratio, debt-equity ratio, and market capitalization. In its latest quarterly earnings report, Oracle fell slightly short of the consensus estimate, reporting $1.63 earnings per share. The company also announced a quarterly dividend of $0.40 per share. Internal activity within Oracle includes director George H. Conradas selling shares, and hedge funds and institutional investors modifying their holdings of the stock. Oracle Corporation offers a range of products and services that cater to enterprise information technology environments globally.
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https://www.defenseworld.net/2024/06/23/oracle-nyseorcl-shares-down-0-9.html
