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

Cap Gemini SA (OTCMKTS:CGEMY) shares gapped up before the market opened on Tuesday . The stock had previously closed at $19.98, but opened at $20.58. Cap Gemini shares last traded at $20.48, with a volume of 54,112 shares changing hands.

Analyst Upgrades and Downgrades

CGEMY has been the topic of several research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cap Gemini in a research report on Tuesday, June 2nd. Zacks Research cut shares of Cap Gemini from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 17th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Cap Gemini presently has an average rating of “Hold”.

Cap Gemini Trading Up 0.6%

The stock has a 50 day moving average price of $23.55 and a 200-day moving average price of $26.89. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.21 and a current ratio of 1.21.

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.