Open Text traded at 34.76 this Friday March 6th, decreasing 0.51 or 1.45 percent since the previous trading session. Looking back, over the last four weeks, Open Text lost 1.13 percent. Over the last 12 months, its price fell by 8.16 percent. Looking ahead, we forecast Open Text to be priced at 32.95 by the end of this quarter and at 30.55 in one year, according to Trading Economics global macro models projections and analysts expectations.
Open Text Corp is a Canada-based company engaged in software development sector. The Company provides a platform and suite of software products and services that assist organizations in finding, utilizing, and sharing business information from any device. The Company designs, develops, markets and sells Enterprise Information Management (EIM) software and solutions. Its EIM offerings include Enterprise Content Management (ECM), Business Process Management (BPM), Customer Experience Management (CEM), Business Network, Discovery and Analytics. Its software and services allow organizations to manage the information that flows into, out of, and throughout the enterprise as part of daily operations. Its solutions incorporate collaborative and mobile technologies and are delivered for on-premises deployment, as well as through cloud, hybrid and managed hosted services models.