Open Text Co. (TSE:OTEX – Get Free Report) (NASDAQ:OTEX) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$39.02 and traded as high as C$39.62. Open Text shares last traded at C$38.33, with a volume of 746,223 shares traded.
Open Text Stock Performance
The stock has a 50 day simple moving average of C$39.02 and a 200 day simple moving average of C$38.64. The company has a market cap of C$7.07 billion, a price-to-earnings ratio of 10.84, a PEG ratio of 1.35 and a beta of 1.12. The company has a quick ratio of 1.34, a current ratio of 0.87 and a debt-to-equity ratio of 157.46.
About Open Text
Open Text Corp grew out of a technology project involving the Oxford English Dictionary at Canada’s University of Waterloo in the mid-1980s. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, presentations). The company is based in Ontario, Canada.
Further Reading
- Five stocks we like better than Open Text
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- The Meteoric Rise of Rocket Lab: A Space Stock to Watch
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- 3 Hot Tech Stocks Showing Bullish Price Action Right Now
- Quiet Period Expirations Explained
- Meta and Autonomous Advertising: The Stock’s Next Big Tailwind?
Receive News & Ratings for Open Text Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Open Text and related companies with MarketBeat.com's FREE daily email newsletter.
