Cap Gemini (OTCMKTS:CGEMY) Shares Gap Down – Time to Sell?

Cap Gemini SA (OTCMKTS:CGEMY)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $22.78, but opened at $21.98. Cap Gemini shares last traded at $22.03, with a volume of 3,653 shares changing hands.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CGEMY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cap Gemini in a research report on Tuesday, June 2nd. Zacks Research downgraded Cap Gemini from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 17th. Finally, Citigroup reaffirmed a “buy” rating on shares of Cap Gemini in a research report on Tuesday, February 17th. 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 company. Based on data from MarketBeat.com, Cap Gemini has a consensus rating of “Hold”.

Cap Gemini Stock Performance

The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.21 and a current ratio of 1.21. The stock has a 50-day moving average of $23.87 and a 200-day moving average of $27.36.

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.