Cap Gemini (OTCMKTS:CGEMY) Shares Gap Up – Time to Buy?

Shares of Cap Gemini SA (OTCMKTS:CGEMY) gapped up before the market opened on Monday . The stock had previously closed at $23.83, but opened at $25.54. Cap Gemini shares last traded at $25.40, with a volume of 6,504 shares.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cap Gemini in a research report on Tuesday, June 2nd. Jefferies Financial Group restated a “hold” rating on shares of Cap Gemini in a research report on Thursday, August 20th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Cap Gemini Stock Up 6.4%

The firm’s 50 day simple moving average is $23.45 and its two-hundred day simple moving average is $23.39. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.21.

Cap Gemini Company Profile

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.