Open Text Co. (TSE:OTEX – Get Free Report) (NASDAQ:OTEX)’s share price dropped 0.6% on Thursday. The company traded as low as C$35.12 and last traded at C$35.38. 1,326,518 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 1,549,324 shares. The stock had previously closed at C$35.61.
Open Text Stock Performance
The stock has a market cap of C$8.59 billion, a price-to-earnings ratio of 13.40, a PEG ratio of 1.35 and a beta of 1.28. The company has a current ratio of 0.85, a quick ratio of 1.34 and a debt-to-equity ratio of 145.27. The firm has a fifty day simple moving average of C$34.43 and a 200 day simple moving average of C$32.99.
Open Text (TSE:OTEX – Get Free Report) (NASDAQ:OTEX) last released its quarterly earnings data on Thursday, November 5th. The company reported C$1.50 EPS for the quarter. The company had revenue of C$1.76 billion during the quarter. Open Text had a net margin of 12.54% and a return on equity of 16.09%. As a group, sell-side analysts expect that Open Text Co. will post 4.90 earnings per share for the current year.
About Open Text
OpenText¿ is a global leader in data management for enterprise AI, helping organizations protect, govern, and activate their data with confidence.
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