Free Trial

Open Text (TSE:OTEX) Shares Cross Above Fifty Day Moving Average - Time to Sell?

Open Text logo with Computer and Technology background

Open Text Co. (TSE:OTEX - Get Free Report) NASDAQ: OTEX's stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$36.53 and traded as high as C$37.47. Open Text shares last traded at C$37.32, with a volume of 776,165 shares.

Open Text Trading Up 2.5 %

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 company has a market capitalization of C$6.83 billion, a P/E ratio of 10.47, a PEG ratio of 1.35 and a beta of 1.12. The company's fifty day simple moving average is C$36.43 and its 200-day simple moving average is C$39.86.

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.

See Also

Should You Invest $1,000 in Open Text Right Now?

Before you consider Open Text, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Open Text wasn't on the list.

While Open Text currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Buy Early: 3 Tech Trends With Millionaire-Making Potential
SMCI Stumbles on Earnings: Why Some Investors Still Want In
5 Stocks to BUY NOW in May 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines