Cap Gemini (OTCMKTS:CGEMY) Sees Unusually-High Trading Volume – Should You Buy?
by Mitch Edgeman · The Markets DailyShares of Cap Gemini SA (OTCMKTS:CGEMY – Get Free Report) saw strong trading volume on Tuesday . 1,481,858 shares traded hands during trading, an increase of 354% from the previous session’s volume of 326,681 shares.The stock last traded at $33.33 and had previously closed at $33.54.
Wall Street Analysts Forecast Growth
Separately, Zacks Research downgraded shares of Cap Gemini from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Cap Gemini currently has an average rating of “Hold”.
Read Our Latest Report on CGEMY
Cap Gemini Stock Down 0.2%
The firm has a fifty day moving average of $31.76 and a two-hundred day moving average of $30.77.
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.