Shares of Open Text Co. (TSE:OTEX – Get Free Report) (NASDAQ:OTEX) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$35.87 and last traded at C$36.31, with a volume of 249382 shares changing hands. The stock had previously closed at C$36.88.
Open Text Stock Performance
The stock has a market cap of C$6.70 billion, a price-to-earnings ratio of 10.27, a PEG ratio of 1.35 and a beta of 1.12. The company has a debt-to-equity ratio of 157.46, a current ratio of 0.87 and a quick ratio of 1.34. The firm has a fifty day moving average of C$40.01 and a 200 day moving average of C$42.05.
About Open Text
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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