Open Text Co. (TSE:OTEX – Get Free Report) (NASDAQ:OTEX)’s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$51.70 and traded as low as C$48.24. Open Text shares last traded at C$48.61, with a volume of 585,030 shares trading hands.
Open Text Stock Up 0.9 %
The company has a quick ratio of 1.34, a current ratio of 1.38 and a debt-to-equity ratio of 219.43. The firm has a 50 day simple moving average of C$51.70 and a 200-day simple moving average of C$52.51. The stock has a market cap of C$13.01 billion, a P/E ratio of 74.78, a price-to-earnings-growth ratio of 1.35 and a beta of 1.10.
Insider Transactions at Open Text
In other news, Senior Officer Madhu Ranganathan sold 7,264 shares of the stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of C$38.58, for a total transaction of C$280,278.53. In other news, Director Mark James Barrenechea sold 128,000 shares of the stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of C$41.14, for a total transaction of C$5,265,843.20. Also, Senior Officer Madhu Ranganathan sold 7,264 shares of the stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of C$38.58, for a total value of C$280,278.53. 2.23% of the stock is owned by corporate insiders.
Open Text Company Profile
Open Text Corporation provides information management software and solutions. The company offers content services, which includes content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving; and operates experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testing, and segmentation.
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