Cap Gemini (OTCMKTS:CGEMY) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Cap Gemini SA (OTCMKTS:CGEMY)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $29.25 and traded as high as $29.5950. Cap Gemini shares last traded at $29.54, with a volume of 151,325 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of Cap Gemini from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Cap Gemini currently has an average rating of “Hold”.

Cap Gemini Price Performance

The business’s 50-day simple moving average is $29.25 and its 200 day simple moving average is $30.95.

About Cap Gemini

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.