Open Text Corporation (NASDAQ:OTEX) announced TIM S/A, a leading provider of telecommunications services in Brazil, has deployed OpenText Customer Experience Management (CEM) solutions to digitally transform invoicing processes. With the new integrated e-invoicing system, the company’s 18 million post-paid customers can now access telecom bills from preferred digital channels and devices on demand. This has increased adoption of digital invoicing by more than 50 percent year-over-year.
The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the OTEX is 2.30%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the OTEX is 77.80%.
Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that OTEX. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Open Text Corporation (NASDAQ:OTEX) is 0.00%.
Institutional transactions is the amount of a Open
Text Corporation (NASDAQ:OTEX)’s available stock owned by mutual or pension
funds, insurance companies, investment firms, private foundations, endowments
or other large entities that actually manage the funds on the behalf of others,
so its an interesting element for the traders to note it, and the Institutional
ownership for the OTEX is -0.52%.
A Technology sector firm, Open Text Corporation (NASDAQ:OTEX) stock climbs 1.26% on Tuesday and when day-trade ended the stock finally concluded at $41.88 and number of shares that changed hands during the day are 416623. The number of shares OTEX stock currently held by all its shareholders are 269.63 and floated shares, the number of shares are available for trading in an open market on last trading day are 263.54. The average volume of shares for 3 months is 629.24 and OTEX stock value has moved between $31.02 – 42.3 in last one year.
The Open Text Corporation (NASDAQ:OTEX)’s latest earnings date is 7/31/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Open Text Corporation (NASDAQ:OTEX) is 67.40% and the profit margin is 9.60% and the stock has gained 28.47% in 2019 to date.
Open Text Corporation (NASDAQ:OTEX)’s monthly stock performance is 7.38%, the quarterly performance is 8.89%, the half year performance is calculated as 28.47%. The yearly performance of OTEX is 19.01%.
The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Open Text Corporation (NASDAQ:OTEX) weekly volatility is measured as 1.20% and monthly volatility measured as 1.42%.
Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. OTEX return on assets is 3.60%, the return on equity (ROE) of the Open Text Corporation (NASDAQ:OTEX) is 7.30%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and OTEX return on investment is 6.10%.
The price to earnings ratio is 41.14, price to sales ratio is 3.93, and price to book ratio is 2.93, price to cash per share ration is 14.76, price to free cash flow is 18.31.
Analysts mean target price for Open Text Corporation (NASDAQ:OTEX) is $45.58 while analysts mean recommendation is 2.00. The current share price indicates that stock is -1.09% away from its one year high and is moving 35.14% ahead of its 52-week low. OTEX’s distance from 20 day simple moving average is 2.00% and distance from 50-Day simple moving average is 4.17%.