Open Text Corporation is a Canada-based information management company that provides a wide range of software and services. Its Information Management platform offers secure, scalable solutions for global enterprises, SMBs, and governments. Through the OpenText Cloud, the company delivers an integrated portfolio that helps organizations manage modern work, automate application delivery, and optimize digital supply chains. Key offerings include the Content Cloud, Cybersecurity Cloud, Business Network Cloud, and AI Cloud, all designed to enhance operational efficiency and information management across various sectors. We show 71 historical shares outstanding datapoints in our OTEX shares outstanding history coverage, used to compute OTEX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing OTEX market cap history over the course of time is important for investors
interested in comparing OTEX's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of OTEX versus a peer is one thing; comparing
OTEX market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like OTEX can fluctuate over the course of history.
With this page we aim to empower investors researching OTEX by allowing them to research the OTEX market cap history. |
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Video: The Importance of Market Cap
