Cap Gemini (OTCMKTS:CGEMY) Share Price Passes Below 50 Day Moving Average - Here's What Happened

Key Points

• Cap Gemini's stock price has fallen below its 50-day moving average, indicating a potential downturn, as it traded at $30.89 while the moving average was $33.33.
• The company announced an increased dividend yield of 1.62%, with shareholders receiving $0.5523 per share, reflecting a slight increase from the previous dividend of $0.55.
• Cap Gemini continues to focus on consulting and digital transformation services across multiple regions, including North America and Europe, emphasizing its role in the digital economy.

Cap Gemini SA (OTCMKTS:CGEMY - Get Free Report) shares passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $33.33 and traded as low as $30.79. Cap Gemini shares last traded at $30.89, with a volume of 384,885 shares trading hands.

Cap Gemini Stock Performance

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 stock's fifty day moving average price is $33.10 and its 200 day moving average price is $32.72.

Cap Gemini Increases Dividend

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

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.