Cap Gemini SA (OTCMKTS:CGEMY) Short Interest Update

Key Points

• Cap Gemini SA experienced a significant decline in short interest, dropping 63.2% from 112,100 shares to 41,300 shares as of September 30.
• Zacks Research upgraded Cap Gemini's rating from "hold" to "strong-buy" on September 29, contributing to a consensus rating of "Strong Buy."
• The stock is currently trading around $28.53, with a 12-month low of $25.98 and a high of $40.07.

Cap Gemini SA (OTCMKTS:CGEMY - Get Free Report) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 41,300 shares, a drop of 63.2% from the September 15th total of 112,100 shares. Based on an average daily volume of 662,500 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 662,500 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Cap Gemini from a "hold" rating to a "strong-buy" rating in a report on Monday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Strong Buy".

Cap Gemini Price Performance

OTCMKTS CGEMY opened at $28.53 on Friday. The business has a fifty day simple moving average of $28.73 and a 200 day simple moving average of $30.82. Cap Gemini has a 12 month low of $25.98 and a 12 month high of $40.07.

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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