The rise of Oracle Corporation (NYSE:ORCL) in the cloud computing sector has immensely enhanced its position in the domain of latest technology providers. Cloud computing is the path breaking system that is being incorporated by most industries and individuals alike. Oracle Corporation (NYSE:ORCL) shares after opening at $40.28 moved to $40.34 on last trade day and at the end of the day closed at $39.79. Company price to sales ratio in past twelve months was calculated as 4.68 and price to cash ratio as 4.77. Oracle Corporation (NYSE:ORCL) showed a positive weekly performance of 0.15%.
The Shareholders Foundation announces that an investigation on behalf of investors inAdobe Systems Incorporated (NASDAQ:ADBE) shares was launched over potentialbreaches of fiduciary duties by certain officers and directors at Adobe Systems. Adobe Systems Incorporated (NASDAQ:ADBE) shares fell -0.14% in last trading session and ended the day on $64.39. ADBE return on equity ratio is recorded as 4.00% and its return on assets is 2.60%. Adobe Systems Incorporated (NASDAQ:ADBE) yearly performance is 43.50%.
Workday (NASDAQ:WDAY) has received an average recommendation of “Hold” from the twenty-nine ratings firms that are currently covering the stock. Eleven investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. Workday Inc (NYSE:WDAY) shares moved down -5.81% in last trading session and was closed at $76.64, while trading in range of $76.43-$80.51. Workday Inc (NYSE:WDAY) year to date performance is -7.84%.
Nuance Communications (NASDAQ:NUAN) was downgraded by Standpoint Research from a “buy” rating to a “hold” rating in a research note issued on Tuesday. Nuance Communications Inc. (NASDAQ:NUAN) weekly performance is 0.62%. On last trading day company shares ended up $16.25. Nuance Communications Inc. (NASDAQ:NUAN) distance from 50-day simple moving average is 1.99%. Analysts mean target price for the company is $18.20.