Open Text Co. (TSE:OTEX - Get Free Report) NASDAQ: OTEX's stock price hit a new 52-week low during trading on Wednesday . The stock traded as low as C$35.87 and last traded at C$36.31, with a volume of 249382 shares changing hands. The stock had previously closed at C$36.88.
Open Text Stock Performance
The stock's fifty day moving average price is C$39.76 and its two-hundred day moving average price is C$41.91. The company has a market cap of C$6.91 billion, a P/E ratio of 10.59, a P/E/G ratio of 1.35 and a beta of 1.12. The company has a debt-to-equity ratio of 157.46, a quick ratio of 1.34 and a current ratio of 0.87.
Open Text Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider Open Text, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Open Text wasn't on the list.
While Open Text currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
