Yahoo Finance Today's Research Reports on Trending Tickers: Zuora and Oracle
NEW YORK, NY / ACCESSWIRE / July 11, 2018 / U.S. markets closed higher Tuesday as the kickoff of the latest corporate earnings season outweighed ongoing trade war concerns. The Dow Jones Industrial Average jumped 0.58 percent to close at 241,919.66, while the S&P 500 Index rose 0.35 percent to close at 2,793.84. The Nasdaq Composite Index gained 0.04 percent to close at 7759.20. Earnings in the second quarter are forecasted to have increased by 20 percent, according to analysts surveyed by FactSet.
"I think the trade worries are probably on the back burner short term, at least as we go through earnings season and may be until a bit later in the year," said Kate Warne, investment strategist at Edward Jones, in a Tuesday interview, according to MarketWatch.
RDI Initiates Coverage on:
Zuora, Inc.
https://rdinvesting.com/news/?ticker=ZUO
Oracle Corporation
https://rdinvesting.com/news/?ticker=ORCL
Zuora's stock moved 4.95% lower Tuesday, to close the day at $24.78. The stock recorded a trading volume of 2,243,853 shares, which was above its three months average volume of 1,148,744 shares. In the last year, Zuora's shares have traded in a range of 18.75 - 37.78. The share price has gained 32.16% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $27.26 is above its 200-day moving average of $23.94. Shares of Zuora have fallen roughly 15.22 percent in the past month and are up 221.03 percent year-to-date.
Access RDI's Zuora, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=ZUO
On Tuesday, shares of Oracle recorded a trading volume of 27,421,994 shares, which was above the three months average volume of 16,234,749 shares. The stock ended the day 0.56% higher at $46.99. The share price has fallen 12.14% from its 52 week high with a 52 week trading range of 42.57 - 53.48. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $46.09 is below its 200-day moving average of $47.75. Shares of the company are trading at a Price to Earnings ratio of 52.21. Shares of Oracle have fallen roughly 2.47 percent in the past month and are down 0.61 percent year-to-date.
Access RDI's Oracle Corporation Research Report at:
https://rdinvesting.com/news/?ticker=ORCL
Our Actionable Research on Zuora, Inc. (NYSE: ZUO) and Oracle Corporation (NYSE: ORCL) can be downloaded free of charge at Research Driven Investing.
Research Driven Investing
We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.
RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.
Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.
CONTACT
For any questions, inquiries, or comments reach out to us directly at:
Address:
Email:
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: RDInvesting.com
