Cap Gemini (OTCMKTS:CGEMY) Shares Gap Up – Still a Buy?

Cap Gemini SA (OTCMKTS:CGEMY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $22.61, but opened at $24.33. Cap Gemini shares last traded at $24.1425, with a volume of 14,656 shares.

Analyst Ratings Changes

A number of brokerages have weighed in on CGEMY. Zacks Research lowered Cap Gemini from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 17th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cap Gemini in a research note on Tuesday. Finally, Citigroup reaffirmed a “buy” rating on shares of Cap Gemini in a research report on Tuesday, February 17th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cap Gemini has a consensus rating of “Hold”.

Cap Gemini Trading Up 6.1%

The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. The firm has a 50 day moving average price of $23.78 and a two-hundred day moving average price of $27.65.

About Cap Gemini

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.