Cap Gemini (OTCMKTS:CGEMY) Shares Gap Up – Time to Buy?
by Renee Jackson · The Cerbat GemShares of Cap Gemini SA (OTCMKTS:CGEMY – Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $23.83, but opened at $25.54. Cap Gemini shares last traded at $25.40, with a volume of 6,504 shares traded.
Wall Street Analyst Weigh In
CGEMY has been the topic of a number of research analyst reports. Jefferies Financial Group restated a “hold” rating on shares of Cap Gemini in a report on Thursday, August 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cap Gemini in a research note on Tuesday, June 2nd. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold”.
Read Our Latest Stock Analysis on Cap Gemini
Cap Gemini Stock Down 1.4%
The stock’s 50 day moving average is $23.61 and its two-hundred day moving average is $23.41. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.64.
About Cap Gemini
Capgemini SE is a France-based provider of consulting, technology services and digital transformation solutions. The company helps organizations develop business and technology strategies, modernize IT environments and implement digital operating models.
Its services include cloud and infrastructure solutions, data and artificial intelligence, cybersecurity, enterprise applications, software development, engineering and research, and business process and technology operations. Capgemini serves clients across industries including financial services, manufacturing, automotive, telecommunications, media, retail, consumer products, energy, utilities, healthcare and the public sector.
Founded in 1967 by Serge Kampf in Grenoble, France, the company expanded through organic growth and acquisitions and operates internationally across Europe, the Americas and the Asia-Pacific region.