Teleperformance Shares Drop 48% in a Year, Heading Towards a Critical Support
Teleperformance falls 2.1% this Thursday in session, in a Paris market weighed down by geopolitical tensions in the Middle East. The stock is trading around 48.46 euros, accentuating a downward trajectory that has seen it lose nearly 48% over a year. With less than a month until the release of the first quarter revenue, selling pressure remains unabated.
Current Stock Performance
Teleperformance's stock price is significantly below all its moving averages: 50.82 euros for the MM20, 52.33 euros for the MM50, and especially 63.73 euros for the MM200. This gap of more than 15 euros with the long average illustrates the depth of the bearish trend that has been engaged for several months. The RSI, at 46, remains in the neutral zone without signaling oversold, which suggests that the stock has not yet reached a technical level conducive to a mechanical rebound. The nearest technical support is at 45.77 euros, a threshold that is only about 5.5% from the current price. A breach of this level could pave the way for further bearish acceleration. In terms of markets, the CAC 40 is down 1.25% in session, while the SBF 120 loses 1.26%. Other stocks in the services and technology segment also show significant declines, such as Capgemini (-1.08%) or Sartorius Stedim Biotech (-2.65%).
Upcoming Key Dates for Teleperformance
The next major deadline for Teleperformance is the publication of the first quarter revenue, scheduled for April 30. This event will occur in a context where the stock has fallen 21.64% over three months, reflecting ongoing questions about the commercial dynamics of the outsourcing services specialist. Beyond this quarterly publication, the general assembly is scheduled for May 21, followed by the detachment of the dividend on May 26 and its payment on May 28. The half-year results are expected on July 30. The rebound of nearly 6% observed over the last seven days has not been enough to reverse the underlying dynamics. The stock remains penalized by a negative beta of -0.33, indicating a behavior decoupled from the market, and by a high monthly volatility of 13.47%, reflecting the uncertainty surrounding the stock in the short term.
