CGI (TSE:GIB.A) Stock Price Crosses Above Two Hundred Day Moving Average of $0.00

CGI Inc (TSE:GIB.A) (NYSE:GIB) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $102.38. CGI shares last traded at $102.39, with a volume of 82,399 shares trading hands.

Several equities research analysts recently commented on GIB.A shares. CIBC reiterated a “hold” rating on shares of Stantec in a report on Thursday, June 13th. TD Securities dropped their target price on WPX Energy from $19.00 to $18.50 and set a “buy” rating on the stock in a report on Thursday, May 2nd. Raymond James reiterated a “buy” rating and set a $21.00 target price on shares of Colfax in a report on Thursday, May 2nd. Canaccord Genuity reiterated a “buy” rating and set a $10.00 target price on shares of Chembio Diagnostics in a report on Thursday, May 2nd. Finally, Royal Bank of Canada set a $42.00 target price on Devon Energy and gave the company a “hold” rating in a report on Thursday, May 2nd. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. CGI has a consensus rating of “Buy” and a consensus price target of C$103.05.

The company has a market cap of $24.60 billion and a price-to-earnings ratio of 24.06. The company has a debt-to-equity ratio of 31.19, a quick ratio of 0.98 and a current ratio of 1.16. The business’s 50-day moving average is C$100.45.

CGI Company Profile (TSE:GIB.A)

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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