Why Is It Moving? Analyzing The Upward Movement in Oracle's Stock Today
The Price And Volume Action In Oracle's Stock Today
Oracle (NYSE:ORCL) is currently up 6.26% to a price of $69.17. Friday the stock has been traded at a volume of 4.99 million, about 45.27% of its recent 30-day volume average of 11.03 million.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Oracle shares are trading higher after Barclays upgraded the stock from Equal-Weight to Overweight and raised its priced target from $66 to $80 per share.
Insights On Recent Price Action
The stock's 50-day moving average was $63.23 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $67.54 and fallen to a low of $39.71.
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