Cap Gemini (OTCMKTS:CGEMY) Shares Gap Down – What’s Next?

Cap Gemini SA (OTCMKTS:CGEMY)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $24.70, but opened at $23.62. Cap Gemini shares last traded at $23.49, with a volume of 10,211 shares changing hands.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on CGEMY shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cap Gemini in a research note on Tuesday, June 2nd. Jefferies Financial Group reaffirmed a “hold” rating on shares of Cap Gemini in a report on Thursday, August 20th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock 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 firm’s fifty day moving average price is $23.39 and its 200-day moving average price is $23.39.

About Cap Gemini

Capgemini SE is a France-based provider of consulting, technology services and digital transformation solutions. The company helps organizations develop business and technology strategies, modernize IT environments and implement digital operating models.

Its services include cloud and infrastructure solutions, data and artificial intelligence, cybersecurity, enterprise applications, software development, engineering and research, and business process and technology operations. Capgemini serves clients across industries including financial services, manufacturing, automotive, telecommunications, media, retail, consumer products, energy, utilities, healthcare and the public sector.

Founded in 1967 by Serge Kampf in Grenoble, France, the company expanded through organic growth and acquisitions and operates internationally across Europe, the Americas and the Asia-Pacific region.