Pluxee Shares Drop 2.15% to €11.85, Falling Below 20-Day Average
Pluxee shares drop 2.15% to €11.85 mid-morning, in a SBF 120 that loses 0.60%. The employee benefits specialist falls below its 20-day moving average, reversing some of its early May rebound. Direct competitor Edenred loses 1.93% in the same session.
A Decline That Brings the Stock to the Lower Part of the Bollinger Bands
The stock moves away from its resistance at €12.52, tested last week, and positions itself in the lower part of the Bollinger Bands (at 36% of the width), between the lower bound at €11.33 and the upper bound at €12.79. The stock falls below the MM20 at €12.06 (a gap of -1.74%), but remains significantly above the MM50 at €11.21 (+5.71%). The MM200 at €13.70 reflects medium-term pressure, with the price still 13.5% below. The RSI at 57 remains neutral, showing no extreme signals. Over three months, the stock maintains a gain of 6.47%, but over one year, it still shows a drop of 41.45%. The movement of the day comes after crossing the technical resistance at €12.23 early May, which did not find bullish support.
Modest Valuation and Sparse Calendar Before July
Based on the consensus of 12 analysts, the stock is trading at about 8 times the expected earnings for the current fiscal year, compared to an 'Industrials' sector average of 18.4 times. The expected growth in earnings per share from one year to the next is limited to 2.5%. The group had published its half-year results on April 16, with an EBITDA margin up by 229 basis points organically and a free cash flow of 210 million euros, tempered by uncertainties in the Brazilian market. The financial calendar now remains sparse until summer: the next appointment is the publication of the third quarter revenue, expected on July 3, 2026. The annual results for the fiscal year 2025-2026 are scheduled for October 29, followed by the general meeting on December 17. Meanwhile, the support level at €9.97 identified in the data remains more than 15% away from the current price.
