Oracle Co. traded down 0.9% on Friday to $141.68, with 2,802,696 shares traded. Several Wall Street analysts have given their opinions on the company, with a mix of buy and neutral ratings. The stock has a 50-day simple moving average of $122.66 and a debt-equity ratio of 8.25. The company recently announced its quarterly earnings, reporting $1.63 per share, slightly below estimates. CEO Safra Catz and Director George H. Conrades have recently sold shares. Hedge funds have also adjusted their holdings in Oracle. The company offers various cloud software applications and services. MarketBeat provides up-to-date coverage on Oracle and other stocks, highlighting top analyst recommendations and short plays for investors.
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https://www.marketbeat.com/instant-alerts/nyse-orcl-percent-decline-2024-06-21/
Oracle’s (NYSE:ORCL) stock declines by 0.9%
