Oracle Corporation (NYSE:ORCL) traded today at a new 12-month high of $106.34. This new high was reached on above average trading volume as 16.4 million shares traded hands, while the average 30-day volume is approximately 7.7 million shares.
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.
Oracle Corporation share prices have moved between a 12-month high of $106.34 and a 12-month low of $58.80 and are now trading 73% above that low price at $101.75 per share.
Oracle Corporation defies analysts with a current price ($101.75) 15.3% above its average consensus price target of $86.18.
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