Open Text Co. (TSE:OTEX – Get Free Report) (NASDAQ:OTEX) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$41.32 and traded as high as C$41.39. Open Text shares last traded at C$40.97, with a volume of 870,723 shares trading hands.
Open Text Stock Performance
The company has a current ratio of 0.81, a quick ratio of 1.34 and a debt-to-equity ratio of 159.37. The stock’s fifty day simple moving average is C$41.32 and its 200 day simple moving average is C$42.58. The company has a market cap of C$10.99 billion, a price-to-earnings ratio of 17.36, a P/E/G ratio of 1.35 and a beta of 1.12.
About Open Text
Open Text Corp grew out of a technology project involving the Oxford English Dictionary at Canada’s University of Waterloo in the mid-1980s. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, presentations). The company is based in Ontario, Canada.
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