After -14.5% in one year, Logic Instrument share surges 10.5% following sales publication
Logic Instrument rebounds sharply during the session, following a publication that confirms the trajectory of the fiscal year. The share moves back toward a technical threshold it had left lower in recent weeks.
Revenue of €59M and €75M target maintained
The Logic Instrument share gains 10.53% to €1.87 at midday, following cumulative revenue of €59M over nine months, published on October 5 (+127%). The manufacturer of hardened tablets, smartphones and portable computers, based in Igny, has confirmed its objective to exceed €75M over the entire 2026 fiscal year. It also aims for a significant improvement in profitability in the second half.
The company attributes this growth notably to the defense sector, where it has strengthened itself through several acquisitions. This pace extends that of the first half: revenue had then increased by 105% to €39.7M. Today's rebound occurs in a market driven by the CAC 40, which gains 0.64%, and the SBF 120, up 0.7%.
The share in contact with its 20-day moving average, after its previous decline below long-term averages
Despite today's gains, the share remains below its two longer-term moving averages: the 50-day MA at €1.95, 4.2% above the price, and the 200-day MA at €1.92, 2.7% above. Conversely, the price approaches its 20-day MA (€1.87) after the previous decline that had moved it away. The RSI at 30 signals a configuration still close to oversold, which gives today's movement the appearance of a rebound after a period of weakness: the share has declined 14.3% over one year and 1.6% over three months. The resistance threshold at €1.99 is the next level in sight, with support located at €1.69, yesterday's closing price.
