Cap Gemini (OTCMKTS:CGEMY) Shares Gap Down – What’s Next?

Cap Gemini SA (OTCMKTS:CGEMY) gapped down prior to trading on Monday . The stock had previously closed at $24.64, but opened at $23.94. Cap Gemini shares last traded at $24.06, with a volume of 38,944 shares changing hands.

Analyst Ratings Changes

A number of analysts have commented on CGEMY shares. Morgan Stanley downgraded shares of Cap Gemini from an “equal weight” rating to an “underweight” rating in a report on Monday, January 12th. Zacks Research upgraded Cap Gemini from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Berenberg Bank raised Cap Gemini to a “hold” rating in a report on Thursday, January 22nd. Finally, Citigroup reissued a “buy” rating on shares of Cap Gemini in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cap Gemini currently has an average rating of “Moderate Buy”.

Cap Gemini Price Performance

The firm’s 50 day moving average price is $28.05 and its two-hundred day moving average price is $29.70. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.64.

Cap Gemini Company Profile

Cap Gemini (OTCMKTS: CGEMY), commonly known as Capgemini, is a global professional services and consulting firm that provides technology-led business transformation services. The company’s core activities include management and IT consulting, systems integration, application development and maintenance, cloud migration and managed services. Capgemini delivers solutions across the digital value chain, combining strategy, design, engineering and operations to help clients modernize legacy systems, implement cloud platforms, deploy data and AI capabilities, and secure IT environments.

Founded in 1967 by Serge Kampf and headquartered in Paris, Capgemini has grown through organic expansion and strategic acquisitions to broaden its capabilities and geographic footprint.