Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -8.47%. However, over the last six months, the performance has been stronger by -18.54%. The price of OTEX decreased -11.05% over the last 30 days. And in the last five days, it has fallen by -2.37%.
Open Text Corp experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $40.55 on 03/21/24, while the lowest price for the same period was registered at $25.07 on 03/04/25.
52-week price history of OTEX Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Open Text Corp’s current trading price is -36.08% away from its 52-week high, while its distance from the 52-week low is 3.39%. The stock’s price range during this period has varied between$25.07 and $40.55. The Open Text Corp’s shares, which operate in the Technology, saw a trading volume of around 10.2 million for the day, a figure considerably higher than their average daily volume of 0.79 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Open Text Corp (OTEX) has experienced a quarterly decline of -14.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.84B and boasts a workforce of 22900 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 29.49, with a change in price of -7.25. Similarly, Open Text Corp recorded 826,773 in trading volume during the last 100 days, posting a change of -21.84%.
OTEX’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for OTEX stands at 1.58. Similarly, the long-term debt-to-equity ratio is also 1.55.
OTEX Stock Stochastic Average
As of today, Open Text Corp’s raw stochastic average for the last 50 days stands at 13.17%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 13.17%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 7.71% and 4.80%, respectively.
