Cap Gemini (OTCMKTS:CGEMY) Hits New 52-Week Low – Should You Sell?

Cap Gemini SA (OTCMKTS:CGEMY) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $21.69 and last traded at $22.00, with a volume of 9009 shares traded. The stock had previously closed at $23.18.

Wall Street Analyst Weigh In

Several research firms recently commented on CGEMY. Zacks Research cut shares of Cap Gemini from a “strong-buy” rating to a “hold” rating in a report on Friday, April 17th. Citigroup reiterated a “buy” rating on shares of Cap Gemini in a research note on Tuesday, February 17th. Finally, Deutsche Bank Aktiengesellschaft reiterated 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 issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Cap Gemini Price Performance

The stock has a 50 day moving average price of $23.84 and a two-hundred day moving average price of $27.33. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.21 and a current 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.