Shares of Oracle Corporation (NYSE:ORCL) traded at a new 52-week high today of $88.93. Approximately 4.3 million shares have changed hands today, as compared to an average 30-day volume of 13.8 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.
In the past 52 weeks, shares of Oracle Corporation have traded between a low of $53.66 and a high of $88.93 and is now at $88.72, which is 65% above that low price.
Oracle Corporation (NYSE:ORCL) defies analysts with a current price ($88.72) 1.3% above its average consensus price target of $87.55.
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