Open Text Co. (TSE:OTEX – Get Free Report) (NASDAQ:OTEX) shares crossed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of C$33.21 and traded as high as C$36.06. Open Text shares last traded at C$35.49, with a volume of 1,574,760 shares.
Open Text Stock Up 3.0%
The business’s fifty day moving average price is C$33.22 and its 200 day moving average price is C$32.36. The firm has a market capitalization of C$8.89 billion, a price-to-earnings ratio of 14.20, a PEG ratio of 1.35 and a beta of 1.18. The company has a current ratio of 0.81, a quick ratio of 1.34 and a debt-to-equity ratio of 148.79.
Open Text (TSE:OTEX – Get Free Report) (NASDAQ:OTEX) last released its quarterly earnings results on Thursday, August 6th. The company reported C$1.85 EPS for the quarter. The firm had revenue of C$2.04 billion during the quarter. Open Text had a net margin of 12.25% and a return on equity of 15.99%. On average, equities analysts expect that Open Text Co. will post 4.90 EPS for the current year.
Open Text Company Profile
OpenText¿ is a leading Cloud and AI company that provides organizations around the world with a comprehensive suite of Business AI, Business Clouds, and Business Technology. We help organizations grow, innovate, become more efficient and effective, and do so in a trusted and secure way – through Information Management.
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