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Open Text (TSE:OTEX) Shares Cross Below 200 Day Moving Average - Here's Why

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Shares of Open Text Co. (TSE:OTEX - Get Free Report) NASDAQ: OTEX 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.

Open Text Trading Up 0.2 %

The stock has a fifty day moving average of C$39.47 and a 200-day moving average of C$41.69. The company has a market cap of C$6.99 billion, a PE ratio of 10.71, a PEG 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

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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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