Closing Bell: Open Text Corp up on Wednesday (OTEX)

In today's trading, Open Text Corp shares closed at $39.87 after opening the day at $39.88. Intraday prices ranged from $39.51 to $40.48.

Shares advanced 0.03% from the previous day's close of $39.86.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

Open Text Corp has listed on the Toronto Stock Exchange (TSX) under the ticker OTEX.

A total of 1,375,110 shares was traded during the last trading day, with total trades of 5,721, with an average volume of 962,167 in the last five days.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 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 -19.09 percent in the last year, while they have shrunken -28.41% this year.

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 $10.69 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.

Currently, Open Text Corp's consensus rating is "Moderate Buy" based on 10 analysts according to Zacks. Currently, there are 4 buy ratings and 6 hold ratings for the stock.

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..