Stoxline.com

Stock Symbol:   

Stoxline Mobile
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Open Text Corporation (OTEX)

27.67   -0.24 (-0.86%) 12-07 16:00
Open: 27.81 Pre. Close: 27.91
High: 28.18 Low: 27.6
Volume: 369,696 Market Cap: 7,477(M)

Technical analysis

as of: 2022-12-07 4:24:45 PM
Overall:       
Stoxline posted a SELL today, same as yesterday. Downward movement continues.
Target: Six months: 33.32     One year: 35.13
Support: Support1: 26.03    Support2: 21.65
Resistance: Resistance1: 28.53    Resistance2: 30.07
Pivot: 28.98
Moving Average: MA(5): 28.48     MA(20): 28.99
MA(100): 31.58     MA(250): 37.89
MACD: MACD(12,26): -0.1     Signal(9): 0.1
Stochastic oscillator: %K(14,3): 8.1     %D(3): 27.8
RSI: RSI(14): 41.3
52-week: High: 48.45  Low: 24.9
Average Vol(K): 3-Month: 835 (K)  10-Days: 588 (K)

Price, moving averages and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and NEUTRAL in mid-long term.
[ OTEX ] has closed below the lower bollinger band by 1.3%. Bollinger Bands are 48.2% narrower than normal. The narrow width of the bands suggests low volatility as compared to its normal range. The bands have been in this narrow range for 6 bars. This is a sign that the market may be about to initiate a new trend.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 28.36 - 28.64 28.64 - 28.8
Low: 27.02 - 27.38 27.38 - 27.59
Close: 27.26 - 27.84 27.84 - 28.19

Company Description

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. The company also provides eDiscovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.

Headline News

Tue, 06 Dec 2022
OpenText Adds Allstate Identity Protection to Webroot® Helps Protect People's Digital Lives - PR Newswire

Mon, 05 Dec 2022
ORCL: 3 Software Stocks to Add to Your Portfolio This Week - StockNews.com

Fri, 02 Dec 2022
Insider Buying: Open Text Co. (TSE:OTEX) Director Buys 10000 Shares of Stock - MarketBeat

Thu, 01 Dec 2022
OpenText Completes Notes Offering and Term Loan Amendment as part of Micro Focus Acquisition Financing - Yahoo Finance

Tue, 22 Nov 2022
Open Text Co. (TSE:OTEX) Director P. Thomas Jenkins Purchases 120000 Shares - MarketBeat

Mon, 21 Nov 2022
Open Text's Return On Capital Employed Overview - Open Text (NASDAQ:OTEX) - Benzinga

Financial Analysis

Price to Book Value: Outperform
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings: Underperform
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow: Outperform
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets: Neutral
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity: Neutral
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity: Outperform
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  NASDAQ
Sector:  Technology
Industry:  Software—Application
Shares Out. 270 (M)
Shares Float 261 (M)
% Held by Insiders 1.7 (%)
% Held by Institutions 76.2 (%)
Shares Short 4,900 (K)
Shares Short P.Month 6,010 (K)

Stock Financials

EPS 0.55
EPS Est Next Qtl 0.64
EPS Est This Year 2.48
EPS Est Next Year 2.71
Book Value (p.s.) 14.44
Profit Margin (%) 4.2
Operating Margin (%) 19
Return on Assets (ttm) 4.2
Return on Equity (ttm) 3.6
Qtrly Rev. Growth 2.4
Gross Profit (p.s.) 9.73
Sales Per Share 12.98
EBITDA (p.s.) 3.61
Qtrly Earnings Growth 0
Operating Cash Flow 924 (M)
Levered Free Cash Flow 1,150 (M)

Stock Valuations

PE Ratio 50.3
PEG Ratio -2.6
Price to Book value 1.91
Price to Sales 2.13
Price to Cash Flow 8.09

Stock Dividends

Dividend 0.23
Forward Dividend 0
Dividend Yield 0.8%
Dividend Pay Date 2021-12-21
Ex-Dividend Date 2021-12-01
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