MIMOS Bhd, Malaysia’s National applied research and development centre under the Ministry of International Trade and Industry (MITI) announced plans to expand its collaboration with Oracle Corporation (NYSE:ORCL), to explore how the Government can utilise Blockchain to streamline various processes with the aim of improving the ease of doing business in Malaysia. Among the key features of the Oracle Blockchain Platform that drove its selection was its plug and play integration with existing business systems, which simplifies and shortens the set up processes and makes ongoing deployment easier.
Technical Stock Analysis
Oracle Corporation (NYSE:ORCL), a Technology sector firm, traded 45.04 Million shares in last trading session and stock shed -1.53% with closing price of $56.12 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and Oracle Corporation (NYSE:ORCL)’s gross margin stands at 79.80%.
Investment Worthy Stock or not?
For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a Oracle Corporation (NYSE:ORCL)’s profitability or to compare the efficiency of different investments, hence, ORCL return on investment (ROI) is 4.10%.
52-Week Range
52-Week Range are valuable stats for watching Oracle Corporation (NYSE:ORCL)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. Oracle Corporation (NYSE:ORCL)’s stock value has moved between $42.52 – 57.27 in last one year.
Analyst’s Views
Analysts mean target price for Oracle Corporation (NYSE:ORCL) is $53.41 while analysts mean recommendation is 2.70.
Stock Performance
Its weekly performance is 5.33% while year to date (YTD) performance is 24.30%.
EPS Growth
Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. Oracle Corporation (NYSE:ORCL)’s EPS growth this year is -61.60%. For best decision making investors should look at Oracle Corporation (NYSE:ORCL)’s EPS growth for next year stands at 7.55%.