Oracle Corporation (ORCL): Today's Featured Computer Software & Services Winner

Oracle Corporation (ORCL) pushed the Computer Software & Services industry higher today making it today's featured computer software & services winner. The industry as a whole closed the day up 0.4%. By the end of trading, Oracle Corporation rose 18 cents (0.6%) to $29.21 on average volume. Throughout the day, 43.3 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 30.9 million shares. The stock ranged in a price between $28.96-$30.07 after having opened the day at $29.26 as compared to the previous trading day's close of $29.03. Other companies within the Computer Software & Services industry that increased today were: CryptoLogic (CRYP), up 36.7%, Pansoft Company (PSOF), up 19.2%, 21Vianet Group (VNET), up 9.7%, and Velti (VELT), up 9.5%.
Oracle Corporation, an enterprise software company, develops, manufactures, markets, distributes, and services database and middleware software, applications software, and hardware systems worldwide. Oracle Corporation has a market cap of $150.87 billion and is part of the technology sector. The company has a P/E ratio of 17.3, above the average computer software & services industry P/E ratio of 16.9 and below the S&P 500 P/E ratio of 17.7. Shares are down 4.6% year to date as of the close of trading on Thursday. Currently there are 31 analysts that rate Oracle Corporation a buy, no analysts rate it a sell, and six rate it a hold.