Open Text Co. (TSE:OTEX – Get Free Report) (NASDAQ:OTEX) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$41.77 and traded as low as C$37.32. Open Text shares last traded at C$37.67, with a volume of 797,934 shares changing hands.
Open Text Stock Performance
The company has a quick ratio of 1.34, a current ratio of 0.87 and a debt-to-equity ratio of 157.46. The company has a market capitalization of C$6.99 billion, a PE ratio of 10.71, a PEG ratio of 1.35 and a beta of 1.12. The business has a 50 day simple moving average of C$39.51 and a 200 day simple moving average of C$41.74.
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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