Cap Gemini (OTCMKTS:CGEMY) Hits New 1-Year Low – What’s Next?

Cap Gemini SA (OTCMKTS:CGEMY)’s stock price hit a new 52-week low on Friday . The stock traded as low as $21.94 and last traded at $22.0504, with a volume of 21338 shares changing hands. The stock had previously closed at $22.08.

Analyst Upgrades and Downgrades

CGEMY has been the subject of several recent analyst reports. Citigroup restated a “buy” rating on shares of Cap Gemini in a research note on Tuesday, February 17th. Morgan Stanley lowered Cap Gemini from an “equal weight” rating to an “underweight” rating in a research note on Monday, January 12th. Zacks Research upgraded Cap Gemini from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, Berenberg Bank raised shares of Cap Gemini to a “hold” rating in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Cap Gemini has an average rating of “Moderate Buy”.

Cap Gemini Trading Up 0.3%

The firm has a fifty day moving average of $26.45 and a 200 day moving average of $29.40. 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.