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

Cap Gemini SA (OTCMKTS:CGEMY) saw a large increase in short interest in 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. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 369,973 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Zacks Research downgraded Cap Gemini from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 17th. Citigroup restated a “buy” rating on shares of Cap Gemini in a research note on Tuesday, February 17th. Finally, Berenberg Bank upgraded Cap Gemini to a “hold” rating in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

Cap Gemini Stock Performance

CGEMY opened at $23.14 on Friday. Cap Gemini has a 12-month low of $21.94 and a 12-month high of $35.90. 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 business’s fifty day simple moving average is $23.93 and its 200-day simple moving average is $28.24.

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.