Open Text (TSE:OTEX) Share Price Crosses Above Fifty Day Moving Average of $42.53

Open Text Co. (TSE:OTEXGet Free Report) (NASDAQ:OTEX)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$42.53 and traded as high as C$43.44. Open Text shares last traded at C$42.99, with a volume of 550,266 shares changing hands.

Open Text Price Performance

The company has a debt-to-equity ratio of 159.37, a current ratio of 0.81 and a quick ratio of 1.34. The business’s 50-day moving average price is C$42.53 and its two-hundred day moving average price is C$45.17. The firm has a market cap of C$11.53 billion, a price-to-earnings ratio of 18.69, a P/E/G ratio of 1.35 and a beta of 1.13.

About Open Text

(Get Free Report)

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.

Further Reading

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.