Oracle (ORCL) volatility low into stronger than expected results
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Price: $146.47 +3.10%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
Revenue Growth %: +28.1%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
Revenue Growth %: +28.1%
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Oracle (Nasdaq: ORCL) is recently up 61c to $30.71 in the premarket following stronger than expected Q3 results. Oracle’s price target was raised to $36 from $34 at UBS. Overall option implied volatility of 30 is below its 26-week average of 33 according to Track Data.
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