Release

Today’s Research Reports on Trending Tickers: Cisco Systems and Oracle Corporation

U.S. markets fell Tuesday on slumping commodity prices, with U.S. crude oil posting its largest one day drop in over a month. The Dow Jones Industrial Average declined 0.13 percent to close at 23,409.47, while the S&P 500 Index fell 0.23 percent to close at 2,578.87. The Nasdaq Composite Index dropped 0.29 percent to close at 6,737.87. On Tuesday, the International Energy Agency said the recent rally in crude oil prices could be short-lived and global demand will be weaker-than-expected for the rest of the year and next.

“Since Friday, the theme has been deleveraging and taking risk off the table,” said Larry Peruzzi, managing director of international equity trading at Mischler Financial, according to The Wall Street Journal. “Part of it has been profit-taking and part of it has been uncertainty with taxes and Washington.”

RDI Initiates Coverage on:

Cisco Systems, Inc.
https://rdinvesting.com/news/?ticker=CSCO

Oracle Corporation
https://rdinvesting.com/news/?ticker=ORCL

Cisco Systems, Inc.’s stock edged 0.27% higher Tuesday, to close the day at $34.04. The stock recorded a trading volume of 17,468,535 shares, which was below its three months average volume of 19,288,927 shares. In the last year Cisco Systems, Inc.’s shares have traded in a range of 29.12 – 34.75. The share price has gained 16.90% 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 $33.93 is greater than its 200-day moving average of $32.49. Shares of the company are trading at a Price to Earnings ratio of 17.92. Shares of Cisco Systems have gained roughly 1.7 percent in the past month and are up 12.64 percent year-to-date.

Access RDI’s Cisco Systems, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=CSCO

On Tuesday, shares in Oracle Corporation recorded a trading volume of 8,498,922 shares, which was below the three months average volume of 14,375,924 shares. The stock ended the day 0.40% lower at 49.20. The share price has gained 30.71% from its 52 week low with a 52 week trading range of 37.64 – 53.14.The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $49.28 is greater than its 200-day moving average of $48.49. Shares of the company are trading at a Price to Earnings ratio of 21.40. Shares of Oracle have gained roughly 1.21 percent in the past month and are up 27.96 percent year-to-date.

Access RDI’s Oracle Corporation Research Report at:
https://rdinvesting.com/news/?ticker=ORCL

Our Actionable Research on Cisco Systems, Inc. (NASDAQ:CSCO) and Oracle Corporation (NYSE:ORCL) can be downloaded free of charge at Research Driven Investing.

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