Equasens stock hits 10-year low following fire at ASCA facility

A new low after the destruction of ASCA's site by fire

The Equasens share fell 3.16% to €29.15 in trading, a level not seen since 2016. It is precisely this level of €29.15 that constitutes the new ten-year low, with the previous floor at €29.20 dating from that same year. This decline follows the statement published on Wednesday concerning the fire that destroyed on the evening of September 21 the building and all inventory of ASCA, a subsidiary specializing in electronic labeling for pharmacies, located in Chessy (Seine-et-Marne).

The group activated its business continuity plan immediately upon the incident, but the interruption of operations is estimated at four weeks. Over the week, the share has fallen 6.42%, and over the past three months, the decline reaches 16.24%, reflecting a progressive deterioration that predates this event.

A deteriorated technical configuration, with RSI in oversold territory and moving averages far above

The reading of indicators confirms the extent of the selling movement. The RSI at 29 signals a pronounced oversold configuration, while the stock price now trades 8.56% below the 20-day MA at €31.88 and 11.67% below the 50-day MA at €33.00. The 200-day MA at €37.02 stands more than 21% above the current price, highlighting the extent of deterioration over the medium term.

The previous day, the share had briefly breached its support level at €30.10, only to close at the exact level of this threshold. This support is now clearly broken, with the price moving away from it by nearly one euro. The next concrete milestone for the share remains the publication of 2026 half-year results, scheduled for September 28.