Open Text Corp. Enters Oversold Territory


Open Text Corp.’s (OTEX) share price has entered into oversold territory with a stochastic value of 19.1136. The Zacks Consensus Estimate on the company’s earnings for year ending June 2013 increased by 27 cents over the past month to $5.55 per share. Open Text Corp. is a Zacks Rank #1 (“Strong Buy”) company.


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