CGI Inc (TSE:GIB.A - Get Free Report) NYSE: GIB passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$151.60 and traded as low as C$142.27. CGI shares last traded at C$142.60, with a volume of 365,885 shares traded.
Analyst Ratings Changes
GIB.A has been the subject of a number of research analyst reports. Raymond James Financial reduced their target price on shares of CGI from C$183.00 to C$178.00 and set an "outperform" rating for the company in a research note on Thursday, May 1st. Royal Bank Of Canada decreased their price objective on CGI from C$192.00 to C$185.00 and set an "outperform" rating for the company in a report on Tuesday, April 22nd. Canaccord Genuity Group dropped their target price on CGI from C$190.00 to C$180.00 and set a "buy" rating on the stock in a research report on Thursday, May 1st. Finally, Scotiabank reduced their price target on CGI from C$185.00 to C$175.00 and set an "outperform" rating for the company in a research report on Tuesday, April 29th. Eleven analysts have rated the stock with a buy rating, According to data from MarketBeat.com, CGI has a consensus rating of "Buy" and a consensus target price of C$175.85.
View Our Latest Stock Analysis on GIB.A
CGI Trading Down 1.6%
The business's 50 day moving average price is C$146.47 and its two-hundred day moving average price is C$151.33. The company has a current ratio of 1.16, a quick ratio of 0.97 and a debt-to-equity ratio of 34.24. The company has a market capitalization of C$28.06 billion, a price-to-earnings ratio of 19.26, a P/E/G ratio of 2.24 and a beta of 0.86.
CGI Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 20th. Investors of record on Friday, June 20th were issued a $0.15 dividend. The ex-dividend date was Friday, May 16th. This represents a $0.60 dividend on an annualized basis and a yield of 0.44%.
About CGI
(
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CGI Inc, together with its subsidiaries, provides information technology (IT) and business process services in Canada, Northern Europe, France, the United States, the United Kingdom, Europe, and the Asia Pacific. Its services include the management of IT and business outsourcing, systems integration and consulting, and software solutions selling activities.
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