Oracle (ORCL, Financial) experienced a significant stock movement, with its price rising by 5.05%. The stock is currently trading at $169.16 per share with a trading volume of 6.69531 million shares and a turnover rate of 0.24%. The price volatility is noted at 3.99%.
Recent financial reports reveal Oracle's revenue at $14.059 billion, net profit at $3.151 billion, earnings per share at $1.13, and gross profit at $9.383 billion. The price-to-earnings ratio stands at 41.33. Among the 39 institutions rating the stock, 59% recommend a buy, 38% suggest holding, and 3% advise selling.
Within the software services industry, Oracle's sector saw an overall increase of 1.03%. Notable performers in related stocks include Roadzen Inc, Rezolve Ai Ltd, and Dave Inc, which showed significant gains. Active stocks in the sector were Orangekloud Technology Inc., Datchat, Inc., and Treasure Global Inc., with turnover rates of 26.00%, 24.46%, and 20.44%, respectively. Stocks with notable volatility included Alpha Modus Holdings Inc, Roadzen Inc, and Rezolve Ai Ltd, with amplitudes of 56.53%, 45.59%, and 38.56%.
Oracle, established in 1977, is a pioneer in commercial relational database management systems based on SQL. The company provides database technology and enterprise resource planning (ERP) software to over 400,000 customers in 175 countries.
