Open Text (TSE:OTEX) Stock Price Crosses Above 50 Day Moving Average - What's Next?

Open Text Co. (TSE:OTEX - Get Free Report) NASDAQ: OTEX shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$41.37 and traded as high as C$42.56. Open Text shares last traded at C$42.45, with a volume of 858,519 shares traded.

Open Text Trading Down 5.9 %

The company has a debt-to-equity ratio of 159.37, a current ratio of 0.81 and a quick ratio of 1.34. The business's 50-day moving average price is C$41.40 and its two-hundred day moving average price is C$42.61. The company has a market capitalization of C$10.67 billion, a P/E ratio of 16.85, a PEG ratio of 1.35 and a beta of 1.12.

Open Text Company Profile

Open Text Corporation engages in the provision of information management products and services. The company offers content services, including content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving; and operates experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testing, and segmentation.