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

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Shares of Oracle Corporation 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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The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.