Shares of Oracle Corporation (NYSE:ORCL) traded at a new 52-week high today of $90.24. This new high was reached on below average trading volume as 4.3 million shares traded hands, while the average 30-day volume is approximately 13.9 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 (NYSE:ORCL) is currently priced 1.4% above its average consensus analyst price target of $88.46.
In the past 52 weeks, shares of Oracle Corporation have traded between a low of $53.66 and a high of $90.24 and is now at $89.75, which is 67% above that low price.
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