Finance

Which stock will you Buy? Open Text Corporation (NASDAQ:OTEX), Alibaba Group Holding Limited (NYSE:BABA)

Open Text Corporation (NASDAQ:OTEX)

Open Text Corporation (NASDAQ:OTEX), ended its previous trading session at $46.45 showing a gain of 0.82 or 1.81 percent with respect to the price of $45.63 when stock market opened. The company traded 362289 shares over the course of the trading day. Giving the average volume of 471.89 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 271.89 Million.

Open Text Corporation (NASDAQ:OTEX) is currently trading lower than its price target which is set to $48.38 by the analyst. The stock is 0.3% Above its 1-Year High which is $46.31. OTEX has a difference of 35.78% from its 1 year low which stands at $34.21. The company is currently rated by analyst who are keeping a close eye on the stock as 2.2. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Open Text Corporation (NASDAQ:OTEX) Performance Snapshot

The stock performed exceptionally bad in the previous week which depicts an decrease of 3.25 percent in the shares price. The company added about 7.75% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is 34.99 Percent. OTEX currently shows 5.4% as its year to date performance.

Open Text Corporation (NASDAQ:OTEX) Price Insight

The stock needs to grow about $1.93 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 4.44%, 6.91% and 13.12 percent respectively. The stock trades about 1.43 percent of its Float giving its total shares Outstanding are 271.89 Million. OTEX gained about 9.24 percent in 6 months showing its Average True Range of 0.59. The company currently has a RSI and Beta of 70.81 and 0.56.

While talking about Open Text Corporation (NASDAQ:OTEX) valuation ratios, the stock trades with a P/S and P/B of 4.36 and 3.21 which is significantly better and attractive as compared to its peers.

Alibaba Group Holding Limited (NYSE:BABA)

Alibaba Group Holding Limited (NYSE:BABA), closed the last trading session at $225.06 with decrease of $-1.43000000000001 or -0.63 percent against the opening price of $226.49. The trading day volume of the company stands at 9.96 Million shares while the average trading volume of Alibaba Group Holding Limited (NYSE:BABA) is 15.36 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 2.66 Billion.

The price target of Alibaba Group Holding Limited (NYSE:BABA) is currently set at 230.75 by the analysts. The stock is $-2.63 Below its 1-Year High which is $231.14. BABA hit its 1-Year low price of $147.95. The company is currently rated by analyst who are keeping a close eye on the stock as 1.6. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Alibaba Group Holding Limited (NYSE:BABA)

The value of the stock increased by 3.24% during the previous week performance. Looking at the 1 month performance of Alibaba Group Holding Limited (NYSE:BABA), the stock jumped 9.83%. While the 1 year performance shows a positive percentage of 49.16 and year to date performance stands at 6.11%.

Alibaba Group Holding Limited (NYSE:BABA) Analytical Review

The stock needs to grow about $5.69 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 4.07%, 11.91% and 25.48 percent respectively. The stock trades about 12.03 percent of its Float giving its total shares Outstanding are 2.66 Billion. BABA gained about 28.74 percent in 6 months showing its Average True Range of 4.03. The company currently has a RSI and Beta of 68.46 and 2.21.

While talking about Alibaba Group Holding Limited (NYSE:BABA) valuation ratios, the stock trades with a P/S and P/B of 9.32 and 6.73 which is significantly better and attractive as compared to its peers.