Vicat Shares Surge 3.2%: AGM and Key Quarter in Focus
The share price of the Isère-based cement company Vicat saw a significant increase this Wednesday at midday, climbing 3.2% to 64.50 euros. This rebound occurs in a context of a general recovery on the Parisian market, with the CAC 40 gaining 1.51% during the session. Over the week, the stock has gained nearly 5%, although it has not offset a decline of more than 14% over three months.
Current Performance and Technical Indicators
Today's progress brings Vicat close to its 20-day moving average, located at 65.08 euros, a level that has not yet been surpassed. The price remains significantly below the 50-day moving average (72.05 euros), indicating that the medium-term downward trend is not yet reversed at this stage. This marked gap between the current price and the MM50 illustrates the magnitude of the correction suffered in recent weeks. The RSI, at 38, reflects a zone of relative weakness without signaling a pronounced oversold territory. The nearest support threshold is at 59.90 euros, a floor that was not tested during the recent decline, while the major resistance is set much higher, at 77.10 euros. Today's session thus represents a partial catch-up, within a broad and uncertain technical corridor.
Upcoming Financial Calendar
The financial calendar for the family-owned group based in L'Isle-d'Abeau will become busier in the coming weeks. Vicat will hold its general meeting on April 10, an event that will allow shareholders to vote on resolutions related to the past fiscal year, particularly the distribution policy. A few weeks later, on May 4, the cement company will publish its first quarter 2026 revenue, a figure awaited to assess the commercial dynamics of the group in its various geographic areas. Over the year, the stock maintains a positive performance of nearly 23%, reflecting the upward trajectory that began in 2025 before the recent correction. Today's rise is part of a broader movement in the Paris market: the SBF 120 is up 1.54% in session, driven by a renewed appetite for several industrial values. Schneider Electric and Airbus are showing increases of 2.65% and 2.28% respectively this Wednesday, confirming a favorable tone for sector values.