Cap Gemini SA (OTCMKTS:CGEMY) Short Interest Update

Cap Gemini SA (OTCMKTS:CGEMY) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 280,753 shares, an increase of 851.1% from the June 15th total of 29,519 shares. Based on an average daily volume of 942,673 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

CGEMY has been the topic of a number of recent analyst reports. Zacks Research downgraded Cap Gemini from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 17th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cap Gemini in a research note on Tuesday, June 2nd. Two 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, the company presently has a consensus rating of “Hold”.

Cap Gemini Stock Performance

Shares of Cap Gemini stock traded down $0.16 on Friday, hitting $20.23. 717,181 shares of the company traded hands, compared to its average volume of 474,320. Cap Gemini has a 12-month low of $19.77 and a 12-month high of $35.90. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.21 and a current ratio of 1.21. The firm’s 50-day simple moving average is $22.45 and its 200 day simple moving average is $25.60.

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.