Drilling Down Into Oracle Corporation (ORCL)

Oracle Corporation (ORCL) is an interesting player in the Technology space, with a focus on Application Software. The stock has been active on the tape, currently trading at $46.37, down from yesterday’s close by -1.78%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Oracle Corporation (ORCL) currently trades with a market capitalization of $190.20 Billion. That value represents a market adjusting for revenues that have been growing by 6.15 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $13.3 Billion over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.94 on a per share basis this quarter. Perhaps, that suggests something about why 27.80% of the outstanding share supply is held by institutional investors.

Technical Analysis

No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Oracle Corporation recorded a 52-week high of $53.48. It is now trading 7.11% off that level. The stock is trading $46.64 its 50-day moving average by 0.27%. The stock carved out a 52-week low down at $43.74.

In recent action, Oracle Corporation (ORCL) has made a move of +1.84% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 13.67, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.15% with $2.94 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of ORCL.

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