Cap Gemini SA (OTCMKTS:CGEMY) Short Interest Update

Cap Gemini SA (OTCMKTS:CGEMY) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 130,278 shares, a growth of 235.6% from the November 30th total of 38,821 shares. Based on an average daily trading volume, of 306,237 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 306,237 shares, the days-to-cover ratio is presently 0.4 days.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of Cap Gemini from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Cap Gemini presently has an average rating of “Hold”.

Cap Gemini Stock Up 0.1%

Shares of OTCMKTS:CGEMY opened at $33.27 on Friday. Cap Gemini has a 12 month low of $25.98 and a 12 month high of $39.07. The company has a 50-day moving average price of $31.43 and a 200 day moving average price of $30.85.

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.