Open Text (TSE:OTEX) Share Price Passes Above 50-Day Moving Average of $46.26

Open Text Co. (TSE:OTEX – Get Rating) (NASDAQ:OTEX)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$46.26 and traded as high as C$50.78. Open Text shares last traded at C$50.59, with a volume of 7,370,062 shares traded.

Open Text Stock Up 0.7 %

The company has a 50 day simple moving average of C$46.26 and a two-hundred day simple moving average of C$41.30. The company has a quick ratio of 1.34, a current ratio of 2.31 and a debt-to-equity ratio of 132.24. The company has a market capitalization of C$13.68 billion, a P/E ratio of 31.23, a PEG ratio of 1.35 and a beta of 1.06.

About Open Text

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Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform.