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

Cap Gemini SA (OTCMKTS:CGEMY)’s share price gapped up prior to trading on Friday . The stock had previously closed at $23.33, but opened at $24.90. Cap Gemini shares last traded at $24.49, with a volume of 80,648 shares changing hands.

Analyst Ratings Changes

Several analysts recently weighed in on CGEMY shares. Berenberg Bank raised Cap Gemini to a “hold” rating in a report on Thursday, January 22nd. Morgan Stanley lowered shares of Cap Gemini from an “equal weight” rating to an “underweight” rating in a research report on Monday, January 12th. Finally, Zacks Research downgraded Cap Gemini from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Sell”.

Cap Gemini Trading Up 4.9%

The firm has a 50-day moving average of $32.30 and a two-hundred day moving average of $30.39.

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.