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

Shares of Cap Gemini SA (OTCMKTS:CGEMY) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $19.77 and last traded at $20.1880, with a volume of 24869 shares traded. The stock had previously closed at $22.57.

Wall Street Analysts Forecast Growth

CGEMY has been the topic of several recent research reports. Zacks Research downgraded shares of Cap Gemini from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cap Gemini in a research note on Tuesday, June 2nd. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Cap Gemini presently has a consensus rating of “Hold”.

Cap Gemini Price Performance

The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.64. The business’s 50 day moving average is $23.75 and its 200 day moving average is $27.13.

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.