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

Shares of Cap Gemini SA (OTCMKTS:CGEMY) gapped up prior to trading on Thursday . The stock had previously closed at $22.61, but opened at $24.33. Cap Gemini shares last traded at $24.1425, with a volume of 14,656 shares.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CGEMY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cap Gemini in a report on Tuesday. Citigroup reaffirmed a “buy” rating on shares of Cap Gemini in a report on Tuesday, February 17th. Finally, Zacks Research cut shares of Cap Gemini from a “strong-buy” rating to a “hold” rating in a 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, Cap Gemini has an average rating of “Hold”.

Cap Gemini Stock Performance

The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.21 and a current ratio of 1.21. The company’s 50 day simple moving average is $23.83 and its 200 day simple moving average is $27.57.

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.