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

Cap Gemini SA (OTCMKTS:CGEMY) reached 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.

Wall Street Analysts Forecast Growth

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

Cap Gemini Stock Performance

The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. The stock has a fifty day moving average price of $27.61 and a two-hundred day moving average price of $29.61.

About Cap Gemini

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.