Oracle Corporation (ORCL) Looks to Continue to Trade Above its Annual-High Share Price Today

October 14, 2021 11:02:19

Shares of Oracle Corporation (NYSE:ORCL) traded today at $97.35, eclipsing its 52-week high. So far today approximately 2.9 million shares have been exchanged, as compared to an average 30-day volume of 13.3 million shares.

In the past 52 weeks, Oracle Corporation share prices are bracketed by a low of $55.14 and a high of $97.35 and are now at $95.54, 73% above that low price.

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 is currently priced 2.2% above its average consensus analyst price target of $93.48.

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