Interparfums Shares Drop 2.74% at Close Amid Downward Trend
Interparfums shares closed the session on Monday, December 8, down 2.74%, settling at 24.84 euros compared to 25.54 euros the day before. This decline occurred in an almost stable Parisian market, with the CAC 40 losing only 0.08% at 8,108.43 points. The licensed perfume specialist continues its downward trajectory that began several weeks ago, amid reduced visibility on its medium-term prospects.
Session Overview
The session on Monday, December 8, ended with a significant drop in Interparfums shares, which lost 2.74% to settle at 24.84 euros. Trading remained modest, with only 0.06% of the capital traded, reflecting investor caution. Over seven days, the stock still shows a rise of 1.55%, suggesting a slight technical rebound after previous sharp corrections. However, this performance contrasts sharply with the quarterly and annual performances: the stock has fallen 17.86% over three months and plunged 32.7% over the year, a significant underperformance compared to the CAC 40, which gained 9.18% over the same period. The current price of 24.84 euros places the stock above the support threshold identified at 22.74 euros, but well below the resistance at 29.52 euros.
Technical Analysis
Technical analysis reveals an unfavorable configuration for the perfumer's stock. The price is significantly below its 50-session moving average (MM50), established at 27.32 euros, and even further from its MM200 at 33.26 euros, confirming a well-established downward trend. The gap of nearly 5.90 euros between these two moving averages indicates structural selling pressure. The RSI at 41 is in the neutral zone, close to the overselling threshold of 30, suggesting that the stock could be approaching a potential technical rebound point without confirming a turnaround. The MACD indicator also displays mixed signals: with a MACD line at -0.93 and a signal line at -1.14, the positive histogram at 0.21 hints at a slight improvement in short-term dynamics, but the overall configuration remains negative. The high volatility over one month (13.22) reflects the uncertainty surrounding the stock.
Fundamental Perspective
From a fundamental perspective, the stock continues to digest the announcement from November 19, when the company lowered its 2025 revenue target to 890 million euros from 900 million euros previously, and notably refrained from providing numerical forecasts for 2026. This lack of visibility caused a nearly 9% plunge in one session, marking a turning point in investor sentiment. The company must also contend with several headwinds: a deteriorated geopolitical and economic environment, a negative impact of euro-dollar exchange rates estimated at around twenty million euros, and the end of the Boucheron license contract at the end of 2025. The Chaikin Money Flow (CMF) at -0.17 confirms outgoing flows on the stock. A general meeting is scheduled for December 17 to validate the merger with Interparfums Holding SAS, an operation to simplify the shareholder structure that should result in the cancellation of more than 60 million self-held shares.
