Open Text (TSE:OTEX) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

Open Text Co. (TSE:OTEX) (NASDAQ:OTEX)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$43.27 and traded as high as C$46.34. Open Text shares last traded at C$46.32, with a volume of 359,321 shares trading hands.

Open Text Trading Up 2.2 %

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 firm has a 50 day simple moving average of C$43.27 and a two-hundred day simple moving average of C$43.99. The firm has a market capitalization of C$12.42 billion, a P/E ratio of 20.05, a PEG ratio of 1.35 and a beta of 1.12.

Open Text Company Profile

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.