OTEX - オ―プン・テキスト （Open Text Corporation）

Open Text offered to buy Micro Focus for an enterprise value of $6 billion. Click here to find out what you should to with your MFGP and OTEX shares.

As of Wednesday, Open Text Corporation’s (NASDAQ:OTEX) stock closed at $31.48, up from $30.88 the previous day. While Open Text Corporation has overperformed by 1.94%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, OTEX fell by -42.59%, with highs and lows ranging from $55.25 to $30.83, […]

Stocks in Toronto declined sharply Wednesday, as weakness in metals more than offset gains in health-care and technology issues. The TSX declined 182.09 points to finish Wednesday at 19,330.81 The Canadian dollar fell 0.25 cents to 76.14 cents U.S. Gold weighed heaviest on the market, as B2Gold fell six cents, or 1.5%, to $4.02, while Eldorado Gold dropped off nine cents, or 1.2%, to $7.25. In communications, Rogers hurtled lower 84 cents, or 1.5%, to $56.62, while Quebecor lost 31 cents, or 1.1%, to $28.40. In materials, Agnico Eagle Mines skidded $1.17, or 2.1%, to $54.25, while SilverCrest Metals dipped a dime, or 1.4%, to $7.17. Health-care concerns had a good day, however, led by Bausch Health, up $1.17, or 17.4%, to $7.89, while Aurora Cannabis tacked on 12 cents, or 6%, to $2.11. In techs, Dye & Durham jumped 76 cents, or 5.5%, to $14.50, while Open Text Corporation popped $1.15, or 2.8%, to $41.59. In industrials, Bombardier leaped 71 cents, or 2.1%, to $32.73, while Finning International hiked 60 cents, or 2.2%, to $28.26.

Open Text (OTEX) had declared $0.243/share quarterly dividend, 10% increase from prior dividend of $0.221

Slowed growth already weighed on Open Text stock before the 15% crash last week. See why OTEX stock could deliver outsized total returns over next 3-5 years.

Tech stocks have faced significant challenges so far in the first half of 2022. Investors have moved away from many growth names in the sector. So far in 2022, a confluence of macroeconomic and geopolitical concerns have meant challenges for Wall Street. As T. Rowe Price (NASDAQ: TROW ) recently reported , “The Federal Reserve’s most aggressive rate hike since 1994 raised recession fears… The S&P 500 index recorded its worst weekly decline since March 2020 and entered a bear market, ending the week nearly 24% below its January peak.” In addition, the tech-heavy Nasdaq composite has fallen around 20% since the beginning of the year. 7 Retirement Stocks to Buy in Unexpected Sectors Despite the recent downturn, technology remains in integral part of modern life. If history is any guide, it is likely that the strong companies sector will rebound in the coming months. With that information, here are seven tech stocks to buy and hold in June. Ticker Company Current Price AKAM Akamai Technologies, Inc. $91.87 APP AppLovin Corporation $38.14 EA Electronic Arts Inc. $128.96 TREE LendingTree, Inc. $54.87 MPWR Monolithic Power Systems, Inc. $399.65 OPEN Opendoor Technologies Inc. $5,38 OTEX Open Text Corporation $38.40 Tech Stocks: Akamai Technologies (AKAM) Source: Ken Wolter / Shutterstock.com During the pandemic, the content delivery network specialist Akamai Technologies (NASDAQ: AKAM ) has been a darling on Wall Street during.

The introduction of gamification will be one of the key trends in the E-learning market in GCC countries during 2021-2025 NEW YORK , June 7, 2022 /PRNewswire/ -- E-learning is a suitable alternative to conventional classroom training. E-learning programs for academics use electronic resources to impart skills and knowledge remotely to students in schools and institutes of higher education. In this report, Technavio defines 2020 as the base year and 2021-2025 as the forecast period. The size of the e-learning market in GCC countries is anticipated to grow by USD 569.04 million from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 10.66% during the forecast period. Our report describes in detail the various factors that are responsible for the market growth and the growth momentum. Find additional market insights by Technavio to help your organization foster innovation and make effective decisions. View our Exclusive Sample Report What are the Some of the Topics Covered in this Report?

Here''s why Shopify (TSX:SHOP)(NYSE:SHOP) and Open Text (TSX:OTEX)(NASDAQ:OTEX) are two top growth stocks to consider right now. The post 2 Incredible Growth Stocks Primed for Takeoff Right Now appeared first on The Motley Fool Canada .

Open Text Corp (OTEX) shares closed 1.1% lower than its previous 52 week low, giving the company a market cap of $11B. The stock is currently down 9.0% year-to-date, down 6.2% over the past 12 months, and up 40.0% over the past five years. This week, the Dow Jones Industrial Average fell 2.5%, and the S&P 500 fell 2.7%. Trading Activity Trading volume this week was 54.3% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.The stock closed at 2.3% lower than its 5-day moving average, 5.8% lower than its 20-day moving average, and 10.8% lower than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Information Technology industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -31.0% The company's stock price performance over the past 12 months lags the peer average by -215.0% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 4.0% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.

On November 24, 2021, Open Text Corporation (NASDAQ: OTEX) (TSX: OTEX) ("OpenText") and Open Text Holdings, Inc., a wholly-owned indirect U.S. subsidiary of OpenText

Less than a month after denying Alfresco Software, Ltd.''s motion for transfer of venue under 28 U.S.C. 1404(a) in Open Text Corp. v. Alfresco Software, Ltd., Judge Albright reversed his own order…

Open Text Co. (TSE:OTEX) (NASDAQ:OTEX) Senior Officer Christopher James Mcgourlay sold 4,004 shares of the stock in a transaction on Monday, November 22nd. The shares were sold at an average price of C$68.67, for a total value of C$274,950.31. Following the sale, the insider now directly owns 12,800 shares in the company, valued at approximately []

Open Text Co. (NASDAQ:OTEX) (TSE:OTC) saw an uptick in trading volume on Tuesday . 29,500 shares changed hands during mid-day trading, a decline of 94% from the previous sessions volume of 462,052 shares.The stock last traded at $49.97 and had previously closed at $50.54. A number of analysts have commented on the company. Raymond James []

NEW YORK, Nov. 19, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors of its investigation into whether the officers or directors of Zix Corporation (NASDAQ: ZIXI) breached their fiduciary duties or violated the federal securities laws in connection with the companys acquisition by Open Text Corporation (NASDAQ: OTEX) (OpenText).