Cap Gemini (OTCMKTS:CGEMY) Shares Gap Down – Time to Sell?

Cap Gemini SA (OTCMKTS:CGEMY) shares gapped down before the market opened on Wednesday . The stock had previously closed at $25.25, but opened at $24.42. Cap Gemini shares last traded at $24.40, with a volume of 4,087 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CGEMY. Deutsche Bank Aktiengesellschaft restated 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 equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Cap Gemini Stock 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 simple moving average is $21.98 and its 200-day simple moving average is $23.77.

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.