How to buy Open Text shares

Learn how to easily invest in Open Text shares.

Open Text Corp (OTEX) is a publicly traded software - application business based in the US which employs around 22,900 staff. Open Text is listed on the NASDAQ and traded in US dollars.

How to buy shares in Open Text

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. OTEX in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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Fees calculator for buying Open Text shares with popular apps

Both exchange rates and share prices fluctuate in real time, so the costs estimated here should be considered as a guide only. They don't factor in spreads, which can be hard to pin down. Always refer to the platform itself for availability and pricing.

Quantity of shares

20
Platform Finder Score Account fee Min. initial deposit Trade cost Link
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9 Excellent
£0 $100 £454.13
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Freetrade logo
9.1 Excellent
£0 £1 £455.21
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XTB logo
9 Excellent
£0 £0 £453.00
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CMC Invest logo
9 Excellent
£0 £0 £453.00
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Hargreaves Lansdown logo
8.5 Great
£0 (0.45% for funds) £1 £467.21
Go to siteCapital at risk

Full comparison of share dealing platforms

These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.


Alternative ways to invest in Open Text

Buying shares in just one company is generally considered a riskier bet than investing in a range of investments - AKA a "diversified portfolio". Experts generally recommend holding a mix of investments in specific assets and funds. Funds are ready-made portfolios of multiple companies' shares (potentially including Open Text), and the idea is that drops in the value of one constituent company's share price might be offset by rises in others.

Open Text is a major part of the NASDAQ, so it's included in many global funds and investment trusts, as well as tracker-style exchange traded funds (ETFs).

Is it a good time to buy Open Text stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Open Text's price performance, share price volatility, historical data and technicals.

Use our graph to track the performance of OTEX stock over time.

Historical closes compared with the last close of $28.63

1 week (2024-12-11)
1 month (2024-11-18)
3 months (2024-09-18)
6 months (2024-06-18)
1 year (2023-12-18)
2 years (2022-12-18)
3 years (2021-12-18)
5 years (2019-12-18)

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.


Is Open Text under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Open Text P/E ratio, PEG ratio and EBITDA.

Open Text's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Open Text's shares trade at around 20x recent earnings.

That's comparable to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44).

Open Text's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.87. A PEG ratio below 1 can be interpreted as meaning the shares are not overvalued given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Open Text's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Open Text's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $1.6 billion (£1.2 billion).

The EBITDA is a measure of Open Text's overall financial performance and is widely used to measure a its profitability.

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.


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