Open Text (TSE:OTEX – Get Free Report) (NASDAQ:OTEX) posted its earnings results on Thursday. The company reported C$1.50 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$1.76 billion for the quarter. Open Text had a net margin of 12.25% and a return on equity of 15.99%.
Open Text Price Performance
Shares of OTEX stock traded down C$1.42 on Friday, hitting C$35.16. 1,657,107 shares of the stock traded hands, compared to its average volume of 1,550,805. The company has a debt-to-equity ratio of 148.79, a current ratio of 0.81 and a quick ratio of 1.34. Open Text has a 52 week low of C$27.63 and a 52 week high of C$50.12. The firm has a 50 day simple moving average of C$34.31 and a two-hundred day simple moving average of C$33.08. The firm has a market cap of C$8.51 billion, a price-to-earnings ratio of 13.63, a PEG ratio of 1.35 and a beta of 1.28.
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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