Cap Gemini (OTCMKTS:CGEMY) Sets New 52-Week Low – Here’s Why

Cap Gemini SA (OTCMKTS:CGEMY)’s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $21.94 and last traded at $22.0504, with a volume of 21338 shares changing hands. The stock had previously closed at $22.08.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on CGEMY shares. Berenberg Bank upgraded Cap Gemini to a “hold” rating in a report on Thursday, January 22nd. Zacks Research upgraded shares of Cap Gemini from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Morgan Stanley cut shares of Cap Gemini from an “equal weight” rating to an “underweight” rating in a research note on Monday, January 12th. Finally, Citigroup reaffirmed a “buy” rating on shares of Cap Gemini in a report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Cap Gemini currently has a consensus rating of “Moderate Buy”.

Cap Gemini Stock Up 0.3%

The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.64. The stock has a fifty day simple moving average of $26.45 and a two-hundred day simple moving average of $29.40.

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.