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

Cap Gemini SA (OTCMKTS:CGEMY)’s share price hit a new 52-week low on Thursday . The stock traded as low as $21.69 and last traded at $22.00, with a volume of 9009 shares. The stock had previously closed at $23.18.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Zacks Research cut shares of Cap Gemini from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 17th. Citigroup reaffirmed a “buy” rating on shares of Cap Gemini in a research report on Tuesday, February 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cap Gemini in a research report on Tuesday, June 2nd. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Cap Gemini Trading Down 4.0%

The firm’s fifty day moving average price is $23.89 and its two-hundred day moving average price is $27.42. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.64.

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.