Cap Gemini (OTCMKTS:CGEMY) Shares Gap Up – Should You Buy?

Cap Gemini SA (OTCMKTS:CGEMY)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $21.73, but opened at $24.29. Cap Gemini shares last traded at $24.2370, with a volume of 18,451 shares changing hands.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CGEMY. Zacks Research cut Cap Gemini from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cap Gemini in a research report on Tuesday, June 2nd. 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 stock. Based on data from MarketBeat.com, Cap Gemini currently has a consensus rating of “Hold”.

Cap Gemini Trading Up 5.5%

The business’s 50 day moving average is $21.75 and its 200-day moving average is $24.48. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.21.

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.