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Open Text (TSE:OTEX) Reaches New 1-Year Low - Here's What Happened

Open Text logo with Computer and Technology background

Open Text Co. (TSE:OTEX - Get Free Report) NASDAQ: OTEX's stock price hit a new 52-week low on Monday . The stock traded as low as C$32.69 and last traded at C$33.02, with a volume of 91716 shares traded. The stock had previously closed at C$34.34.

Open Text Stock Performance

The firm's 50 day simple moving average is C$37.64 and its 200 day simple moving average is C$40.83. The firm has a market capitalization of C$6.45 billion, a price-to-earnings ratio of 9.89, 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

(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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