Elis Shares Hit Historic High of €27.96 After Q1 2026
Elis shares reached a new all-time high of €27.96 during Wednesday's session before slightly retracting. The current price stands at €27.86, up 3.65% from the previous day. This movement is part of a strong rebound session for European indices, with the CAC 40 up 3.13%.
A Record Set in a Strongly Rising Paris Market
The textile rental and maintenance specialist touched €27.96 intraday, surpassing its previous peak of €27.94. The current price is €27.86, marking a 6.66% increase over the week and 20.61% over the year. The session is driven by a sharp rebound in the CAC 40 (+3.13%) and the SBF 120 (+2.99%), amid easing geopolitical tensions in the Middle East. Brent crude has dropped sharply to around $100, following reports by Axios and Reuters about a draft memorandum between Washington and Tehran. Although Elis is not directly exposed to oil, the generalized rebound of European markets supports the stock's movement. The session record follows the quarterly publication on Monday, which reported a revenue of €1,180.5 million for Q1 2026, up 4.3% in reported data, with confirmation of annual targets.
Tight Technical Setup and Busy Schedule
The breaking of the record is accompanied by an overbought configuration. The price is above the upper Bollinger band set at €27.17, a classic sign of extension. The RSI at 59 remains in the neutral zone, reflecting a bullish momentum that has not yet tipped into overheating on the indicator. The previous technical resistance at €27.68 was breached during the session. The moving averages are significantly below the price, with the MM50 at €25.73 and the MM200 at €24.80, confirming the medium-term bullish orientation. On the agenda, Elis will be present at the UBS Pan European Small and Mid-Cap conference on May 13, followed by the ODDO BHF forum on May 19. The annual general meeting of shareholders is scheduled for May 21.
