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Cap Gemini (OTCMKTS:CGEMY) Sees Unusually-High Trading Volume - Here's Why

Cap Gemini logo with Business Services background

Key Points

  • Cap Gemini shares experienced a significant trading volume spike of 176%, with approximately 859,428 shares changing hands during the latest session, despite a decline in stock price.
  • The company announced a dividend increase to $0.5523 per share, up from $0.55, providing a yield of 162.0% for shareholders.
  • Cap Gemini operates in consulting, digital transformation, technology, and engineering services across various global regions, including North America and Europe.
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Cap Gemini SA (OTCMKTS:CGEMY - Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 859,428 shares changed hands during mid-day trading, an increase of 176% from the previous session's volume of 311,866 shares.The stock last traded at $28.33 and had previously closed at $28.84.

Cap Gemini Stock Down 1.7%

The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.36. The firm has a fifty day simple moving average of $32.32 and a 200-day simple moving average of $32.44.

Cap Gemini Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 6th. Shareholders of record on Tuesday, May 20th were issued a dividend of $0.5523 per share. This is an increase from Cap Gemini's previous dividend of $0.55. The ex-dividend date was Monday, May 19th. This represents a yield of 162.0%.

About Cap Gemini

(Get Free Report)

Capgemini SE, together with its subsidiaries, engages in the provision of consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America. The company offers strategy and transformation services in strategy, technology, data science, and creative design fields to support companies and organizations in creating new models and new products within the digital economy.

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