Cap Gemini (OTCMKTS:CGEMY) Stock Passes Below 200-Day Moving Average - Time to Sell?

Key Points

• Cap Gemini's share price has fallen below its 200-day moving average for the first time, indicating a potential downward trend in stock performance.
• The company has recently increased its dividend to $0.5523, significantly boosting its dividend yield to 162.0%, up from the previous $0.55.
• Capgemini SE operates in the sectors of consulting, digital transformation, technology, and engineering, primarily serving North America, Europe, and Latin America.

Cap Gemini SA (OTCMKTS:CGEMY - )'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $32.60 and traded as low as $28.56. Cap Gemini shares last traded at $28.72, with a volume of 485,789 shares traded.

Cap Gemini Stock Performance

The stock's 50 day moving average is $32.70 and its two-hundred day moving average is $32.60. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.21 and a current ratio of 1.21.

Cap Gemini Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 6th. Shareholders of record on Tuesday, May 20th were given a $0.5523 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a dividend yield of 162.0%. This is a boost from Cap Gemini's previous dividend of $0.55.

Cap Gemini Company Profile

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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