Cap Gemini SA (OTCMKTS:CGEMY) Short Interest Up 127.2% in April

Cap Gemini SA (OTCMKTS:CGEMY) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 57,820 shares, an increase of 127.2% from the April 15th total of 25,453 shares. Based on an average daily trading volume, of 369,973 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Cap Gemini Stock Up 3.5%

Shares of OTCMKTS:CGEMY opened at $23.14 on Friday. The stock has a 50 day moving average of $23.93 and a 200 day moving average of $28.24. 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 has a 12-month low of $21.94 and a 12-month high of $35.90.

Analysts Set New Price Targets

A number of brokerages have weighed in on CGEMY. Berenberg Bank raised Cap Gemini to a “hold” rating in a research report on Thursday, January 22nd. Zacks Research lowered Cap Gemini from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 17th. Finally, Citigroup reissued a “buy” rating on shares of Cap Gemini in a research report on Tuesday, February 17th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cap Gemini has a consensus rating of “Hold”.

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.