Cap Gemini (OTCMKTS:CGEMY) Sees Strong Trading Volume – Still a Buy?

Shares of Cap Gemini SA (OTCMKTS:CGEMY) saw unusually-high trading volume on Wednesday . Approximately 397,947 shares changed hands during mid-day trading, an increase of 112% from the previous session’s volume of 187,499 shares.The stock last traded at $34.45 and had previously closed at $33.55.

Analyst Ratings Changes

Separately, Zacks Research lowered Cap Gemini from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Cap Gemini Stock Performance

The company has a fifty day simple moving average of $32.05 and a 200-day simple moving average of $30.73.

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.