Closing Bell: Open Text Corp up on Tuesday (OTEX)
In market activity today, Open Text Corp shares opened at $39.27 and closed at $39.86. prices ranged from $39.26 to $40.47.
Shares boosted 0.89% from the previous day's close of $39.51.
During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.
Open Text Corp traded under OTEX on the Toronto Stock Exchange (TSX).
A total of 1,413,116 shares was traded during the last trading day, with total trades of 7,234, with an average volume of 762,794 over the last 5 days.
Trading across the entire TSX saw 3,772 price advancers against 1,443 declines and 86 unchanged.
During the prior 52 weeks, OTEX.TO has traded as high as $60.00 (February 02,2024) and low as $37.92 (June 04,2024). Moreover, the shares have shrunken -19.12% in the last 52 weeks, while in 2024, they have reduced -28.43%.
It announced a 0.26 dividend on July 31/24, with an August 30/24 ex-date and September 20/24 pay day.
Following today's trading, Open Text Corp has a market capitalization of $10.60 billion on a float of 268,190 shares outstanding. Its annual EPS is $1.71.
Open Text Corp is a TSX Software company headquartered in Waterloo, CAN.
Open Text Corp is holding an average recommendation of "Moderate Buy" from 10.00 analysts according to Zacks. From those 10 analysts, 4 have buy ratings and 6 analysts gave hold ratings.
AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..
