Exosens Shares Dip Below €60 but Still Up +66% Over the Year
Exosens shares fell by 2.69% to €59.75 in mid-afternoon trading this Friday, in a downward-trending Paris market. The SBF 120, the benchmark index for the stock, is down 0.68% at 6,186.85 points. The decline is part of a challenging week for the night vision and imaging technology specialist for defense, which has lost nearly 8% over seven days.
Significant Drop in the Lower SBF 120
With a session decline of 2.69%, Exosens is among the five largest drops in the SBF 120, close to Exail Technologies, Thales, and Air France-KLM. The stock has fallen below the €60 threshold to €59.75, down from €61.40 at the previous day's close. Despite this decline, the annual performance remains strong, at +66.67% over twelve months, and nearly 14.5% over three months. The stock is part of an overall defensive session: the CAC 40 is down 0.73% at 8,142.46 points, and the DAX has fallen by 0.66%. A previous brief on the stock, dated May 7, already mentioned a mid-session price of €63.40, continuing the short-term downward trend.
Tense Technical Setup, Next Meeting on May 22
The stock price is now below the lower Bollinger Band, set at €61.32, signaling an oversold condition following the week's slide. The RSI at 43 remains neutral and does not yet indicate seller exhaustion. The stock is also approaching its support level at €57.50. On the corporate front, the company released a technical document on May 7 detailing the applications of its SWIR cameras for industrial and food sorting, expanding its applications beyond defense. As a reminder, the first quarter revenue, published on April 29, was €122.6 million, up 19.7%. The next scheduled financial event is the general assembly 2026, set for May 22.
