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

Cap Gemini SA (OTCMKTS:CGEMY) shares gapped up prior to trading on Tuesday . The stock had previously closed at $23.14, but opened at $24.31. Cap Gemini shares last traded at $24.58, with a volume of 1,592 shares changing hands.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Citigroup reissued a “buy” rating on shares of Cap Gemini in a research note on Tuesday, February 17th. Zacks Research cut Cap Gemini from a “strong-buy” rating to a “hold” rating in a report on Friday, April 17th. Finally, Berenberg Bank raised shares of Cap Gemini to a “hold” rating in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Cap Gemini presently has a consensus rating of “Hold”.

Cap Gemini Price Performance

The business has a fifty day moving average of $23.89 and a 200 day moving average of $28.18. The company has a current ratio of 1.21, a quick 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.