Should Software – Application Stock Open Text Corp (OTEX) be in your portfolio on Friday?
Open Text Corp (OTEX) is near the top of its industry group according to InvestorsObserver. OTEX scores an overall rating of 48. This means it scores above 48% of the shares. Open Text Corp ranks 73 in the software – applications industry. Software – Application is number 110 out of 148 industries.
What do these notes mean?
Stock analysis can be difficult. There are tons of numbers and ratios out there, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We categorize most of our scores by percentiles to make it easier for investors to understand. A score of 48 means the stock is more attractive than 48% of stocks. Our proprietary rating system captures technical factors, fundamental analysis and the opinions of Wall Street analysts. This makes InvestorsObserverThe overall rating of is a great way to get started, regardless of your investing style. Scores ranked in percentiles are also easy to understand. A score of 100 is high and a 0 is low. There’s no need to try to remember what’s “good” for a bunch of complicated ratios, just pay attention to the higher numbers.
What’s going on with Open Text Corp shares today?
Open Text Corp (OTEX) stock is trading at $36.82 at 12:55 p.m. Friday, May 13, up $1.32, or 3.73% from the previous closing price of 35.50 $. The stock has traded between $35.88 and $37.13 so far today. Today, the volume is below average. So far, 239,328 shares have been traded with an average volume of 565,320 shares. Click here for the full Open Text Corp stock report.
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