Cap Gemini (OTCMKTS:CGEMY) Hits New 12-Month Low – Here’s What Happened

Cap Gemini SA (OTCMKTS:CGEMY) hit a new 52-week low on Thursday . The company traded as low as $19.76 and last traded at $19.80, with a volume of 15137 shares traded. The stock had previously closed at $20.0953.

Analyst Ratings Changes

CGEMY has been the subject of a number of recent analyst reports. 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 reissued a “buy” rating on shares of Cap Gemini in a report on Tuesday, June 2nd. Two 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. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Cap Gemini Stock Down 2.5%

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 business’s 50 day moving average price is $21.92 and its 200-day moving average price is $24.83.

About Cap Gemini

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.