Cap Gemini (OTCMKTS:CGEMY) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Cap Gemini SA (OTCMKTS:CGEMY)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $30.02 and traded as low as $24.53. Cap Gemini shares last traded at $25.25, with a volume of 275,708 shares trading hands.

Analyst Ratings Changes

A number of research firms recently commented on CGEMY. Citigroup reaffirmed a “buy” rating on shares of Cap Gemini in a research report on Tuesday, February 17th. Zacks Research upgraded shares of Cap Gemini from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Berenberg Bank raised Cap Gemini to a “hold” rating in a research report on Thursday, January 22nd. Finally, Morgan Stanley cut Cap Gemini from an “equal weight” rating to an “underweight” rating in a report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Cap Gemini has an average rating of “Moderate Buy”.

Cap Gemini Stock Performance

The firm’s 50-day simple moving average is $30.12 and its 200 day simple moving average is $30.02.

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.