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NASDAQ: OTEX
Open Text (OTEX) stock, explained like you're 5
Open Text trades on the Nasdaq under the ticker OTEX. It is a mid cap company in the edp services industry, part of the technology sector, with a market value of about 5.9 billion dollars.
- Ticker
- OTEX
- Exchange
- Nasdaq
- Sector
- Technology
- Industry
- EDP Services
- Size
- Mid cap, about 5.9 billion dollars
Is Open Text a small, medium or large cap company?
No. Open Text is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 5.9 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Open Text makes money
- Selling software, hardware or cloud services, often as a subscription.
- Charging businesses and consumers for products they use every day.
- Licensing its technology and selling related services.
What moves OTEX stock
- How fast sales are growing, especially in cloud and AI.
- New product launches and customer wins.
- Competition, regulation and how much the company spends on research.
In the news lately
- Open Text Corporation (OTEX) Stock Price, News, Quote & History (Yahoo! Finance Canada)
- Open Text Corporation $OTEX Stock: TD Waterhouse Canada Inc. Lowers Holdings (MarketBeat)
- Open Text (NasdaqGS:OTEX) Stock Forecast & Analyst Predictions (Simply Wall Street)
- Open Text Corp. stock falls Friday, underperforms market (MarketWatch)
- Open Text (OTEX) Reworks Its Debt Stack, Is It An 11% Undervalued Opportunity? (Yahoo Finance)
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Questions about Open Text stock
What does Open Text do?
Open Text trades on the Nasdaq under the ticker OTEX. It is a mid cap company in the edp services industry, part of the technology sector, with a market value of about 5.9 billion dollars.
What is the ticker symbol for Open Text?
Open Text trades under the ticker OTEX on the Nasdaq.
What is Open Text's market cap?
Open Text is a mid cap stock with a market cap of about 5.9 billion dollars.
How does Open Text make money?
Selling software, hardware or cloud services, often as a subscription. Charging businesses and consumers for products they use every day. Licensing its technology and selling related services.
What moves OTEX stock?
How fast sales are growing, especially in cloud and AI. New product launches and customer wins. Competition, regulation and how much the company spends on research.
How can I follow OTEX stock every day?
Add OTEX to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.