Cap Gemini (OTCMKTS:CGEMY) Shares Gap Up – Time to Buy?

Cap Gemini SA (OTCMKTS:CGEMY) shares gapped up before the market opened on Thursday . The stock had previously closed at $22.61, but opened at $24.33. Cap Gemini shares last traded at $24.1425, with a volume of 14,656 shares.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CGEMY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cap Gemini in a research report on Tuesday. Zacks Research downgraded shares of Cap Gemini from a “strong-buy” rating to a “hold” rating in a report on Friday, April 17th. Finally, Citigroup reiterated a “buy” rating on shares of Cap Gemini in a report on Tuesday, February 17th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Cap Gemini currently has an average rating of “Hold”.

Cap Gemini Stock Performance

The business has a fifty day simple moving average of $23.78 and a 200 day simple moving average of $27.65. 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.