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Open Text (TSE:OTEX) Stock Passes Above 50-Day Moving Average - Time to Sell?

Open Text logo with Computer and Technology background

Shares of 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 traded.

Open Text Stock Performance

The company has a debt-to-equity ratio of 157.46, a current ratio of 0.87 and a quick ratio of 1.34. The stock's 50-day simple moving average is C$41.07 and its 200 day simple moving average is C$42.52. The stock has a market capitalization of C$7.43 billion, a P/E ratio of 11.38, a PEG ratio of 1.35 and a beta of 1.12.

About Open Text

(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.

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