Short Interest in Cap Gemini SA (OTCMKTS:CGEMY) Rises By 127.2%

Cap Gemini SA (OTCMKTS:CGEMY) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 57,820 shares, a growth of 127.2% from the April 15th total of 25,453 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 369,973 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Several research firms recently commented on CGEMY. Berenberg Bank raised shares of Cap Gemini to a “hold” rating in a research note on Thursday, January 22nd. Citigroup reissued a “buy” rating on shares of Cap Gemini in a research note on Tuesday, February 17th. Finally, Zacks Research lowered shares of Cap Gemini from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 17th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold”.

Cap Gemini Stock Up 3.5%

CGEMY stock 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 firm has a 50 day simple moving average of $23.93 and a 200 day simple moving average of $28.24. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.21.

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.