Open Text (TSE:OTEX) Shares Pass Above 50-Day Moving Average of $43.13

Open Text Co. (TSE:OTEX) (NASDAQ:OTEX)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$43.13 and traded as high as C$45.04. Open Text shares last traded at C$44.30, with a volume of 326,194 shares changing hands.

Open Text Stock Performance

The stock has a market cap of C$11.88 billion, a price-to-earnings ratio of 19.01, a PEG ratio of 1.35 and a beta of 1.12. The company has a debt-to-equity ratio of 159.37, a quick ratio of 1.34 and a current ratio of 0.81. The company’s 50 day simple moving average is C$43.13 and its 200 day simple moving average is C$44.08.

About Open Text

Open Text Corporation engages in the provision of information management products and services. The company offers content services, including 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.