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

Shares of Cap Gemini SA (OTCMKTS:CGEMY) hit a new 52-week low during trading on Friday . The stock traded as low as $22.46 and last traded at $22.46, with a volume of 1785 shares changing hands. The stock had previously closed at $23.63.

Analyst Ratings Changes

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

Cap Gemini Trading Down 3.9%

The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.64. The business has a fifty day simple moving average of $27.61 and a 200-day simple moving average of $29.61.

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.