CGI Inc. (GIB, Financial), a leading IT service provider, experienced a significant decline in its stock value, dropping by 5.01%. The current price stands at $106.52 per share, with a trading volume of 187,048 shares and a turnover rate of 0.08%. The stock's amplitude reached 5.67% during this fluctuation.
The company's latest financial report reveals a revenue of $10.785 billion, a net profit of $1.244 billion, and earnings per share of $5.45. It reported a gross margin of $1.711 billion, with a price-to-earnings ratio of 19.83. Among the 17 institutions rating the stock, 65% recommend buying, 18% suggest holding, and 17% advise selling.
Within the information technology services sector, the overall decline was 1.97%. However, some related stocks, such as Kdan Technology, Fiscalnote Holdings, Inc., and Magic Software Enterprises Ltd., saw notable gains, while others like Bit Mining, Data Storage Corporation, and Global Mofy exhibited high trading activity with turnover rates of 8.93%, 3.19%, and 2.92% respectively. Data Storage Corp C/Wts 18/05/2026 (To Pur Com), Arb IoT Group Limited, and 9F showcased significant amplitude of 37.16%, 22.76%, and 18.57% respectively.
CGI Inc., based in Canada, operates across North America and Europe. With annual revenue exceeding CAD 14 billion, the company employs over 90,000 people and has 400 offices in 40 countries. CGI provides a comprehensive range of services, including consulting, systems integration, application maintenance, and business process services. The government sector is its largest vertical market, contributing to more than a third of the company's revenue.
