Open Text (TSE:OTEX) Hits New 52-Week Low – Here’s What Happened

Open Text Co. (TSE:OTEXGet Free Report) (NASDAQ:OTEX) shares reached a new 52-week low during trading on Monday . The stock traded as low as C$35.42 and last traded at C$36.18, with a volume of 239037 shares traded. The stock had previously closed at C$36.17.

Open Text Stock Performance

The company has a market cap of C$6.70 billion, a PE ratio of 10.27, a PEG ratio of 1.35 and a beta of 1.12. The stock has a 50 day simple moving average of C$39.27 and a two-hundred day simple moving average of C$41.50. The company has a debt-to-equity ratio of 157.46, a current ratio of 0.87 and a quick ratio of 1.34.

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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