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Open Text (TSE:OTEX) Stock Price Crosses Above Fifty Day Moving Average - Should You 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 Friday . The stock has a 50 day moving average of C$37.08 and traded as high as C$38.85. Open Text shares last traded at C$38.18, with a volume of 993,598 shares.

Open Text Stock Down 1.6%

The firm has a market cap of C$7.04 billion, a P/E ratio of 10.80, 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. The firm's fifty day moving average is C$37.08 and its 200 day moving average is C$39.06.

About Open Text

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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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