Cap Gemini (OTCMKTS:CGEMY) Sets New 52-Week Low – Here’s What Happened

Cap Gemini SA (OTCMKTS:CGEMY) hit a new 52-week low on Thursday . The stock traded as low as $21.69 and last traded at $22.00, with a volume of 9009 shares changing hands. The stock had previously closed at $23.18.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on CGEMY shares. Citigroup reiterated a “buy” rating on shares of Cap Gemini in a report on Tuesday, February 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cap Gemini in a report on Tuesday, June 2nd. Finally, Zacks Research lowered shares of Cap Gemini from a “strong-buy” rating to a “hold” rating in a report on Friday, April 17th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Cap Gemini has an average rating of “Hold”.

Cap Gemini Trading Down 4.0%

The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.21. The company’s 50-day moving average is $23.89 and its two-hundred day moving average is $27.42.

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.