Cap Gemini SA (OTCMKTS:CGEMY) Sees Large Increase in Short Interest

Cap Gemini SA (OTCMKTS:CGEMY) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 29,519 shares, an increase of 302.5% from the May 31st total of 7,334 shares. Based on an average daily volume of 688,660 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on CGEMY shares. Zacks Research cut Cap Gemini from a “strong-buy” rating to a “hold” rating in a report on Friday, April 17th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cap Gemini in a research note on Tuesday, June 2nd. Two 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’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Cap Gemini Price Performance

CGEMY stock opened at $20.40 on Friday. 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 has a 1 year low of $19.77 and a 1 year high of $35.90. The firm has a 50-day moving average of $23.21 and a 200 day moving average of $26.57.

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.