Open Text (TSE:OTEX – Get Free Report) (NASDAQ:OTEX) announced its quarterly earnings results on Thursday. The company reported C$1.50 EPS for the quarter, FiscalAI reports. Open Text had a net margin of 12.25% and a return on equity of 15.99%. The business had revenue of C$1.76 billion for the quarter.
Open Text Price Performance
Shares of Open Text stock traded down C$0.51 during trading on Thursday, reaching C$36.58. 1,654,208 shares of the stock traded hands, compared to its average volume of 1,550,297. Open Text has a 52-week low of C$27.63 and a 52-week high of C$54.78. The company has a debt-to-equity ratio of 148.79, a current ratio of 0.81 and a quick ratio of 1.34. The business has a fifty day simple moving average of C$34.25 and a two-hundred day simple moving average of C$33.13. The company has a market capitalization of C$8.88 billion, a price-to-earnings ratio of 14.18, a P/E/G ratio of 1.35 and a beta of 1.18.
Open Text Company Profile
OpenText¿ is a global leader in data management for enterprise AI, helping organizations protect, govern, and activate their data with confidence.
Further Reading
- Five stocks we like better than Open Text
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
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.
