Press coverage about Open Text (NASDAQ:OTEX) (TSE:OTC) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Open Text earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news stories about the software maker an impact score of 46.1799329172885 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Open Text (NASDAQ:OTEX) traded down $0.04 during midday trading on Friday, reaching $33.66. The company’s stock had a trading volume of 316,719 shares, compared to its average volume of 655,377. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.74 and a quick ratio of 0.74. The company has a market cap of $8,936.12, a PE ratio of 59.05 and a beta of 0.44. Open Text has a 1-year low of $30.88 and a 1-year high of $35.80.
Open Text (NASDAQ:OTEX) (TSE:OTC) last announced its earnings results on Thursday, November 2nd. The software maker reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.03. Open Text had a return on equity of 6.53% and a net margin of 6.12%. analysts forecast that Open Text will post 0.34 EPS for the current year.
Open Text Company Profile
Open Text Corporation provides a platform and suite of software products and services that assist organizations in finding, utilizing, and sharing business information from any device. The Company designs, develops, markets and sells Enterprise Information Management (EIM) software and solutions. Its EIM offerings include Enterprise Content Management (ECM), Business Process Management (BPM), Customer Experience Management (CEM), Business Network, Discovery and Analytics.
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