Cap Gemini (OTCMKTS:CGEMY) Hits New 12-Month Low – Here’s What Happened

Cap Gemini SA (OTCMKTS:CGEMY)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $19.76 and last traded at $19.80, with a volume of 15137 shares changing hands. The stock had previously closed at $20.0953.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on CGEMY shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cap Gemini in a research report on Tuesday, June 2nd. Zacks Research lowered Cap Gemini from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 17th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold”.

Cap Gemini Stock Down 2.5%

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 50 day simple moving average is $21.92 and its 200 day simple moving average is $24.83.

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.