Vicat stock climbs 3%, among the best performers of the SBF 120

A gain of nearly 3% that brings the stock back to contact with its short-term moving averages

Vicat advances 2.97% during the session to €65.90, ranking among the strongest gains of the SBF 120 in a context of moderate rise in European indices, with the CAC 40 gaining 0.45% and the DAX 0.61% during the session. Over one month, the stock is already showing nearly 9.5% in gains, which reflects a clear shift compared to the stagnation of the previous quarter (+2.81% over three months). The price is trading above the 20-day moving average at €65.34 (spread of +0.86%) and above the 50-day moving average at €64.23 (+2.60%), two moving averages that now act as dynamic support levels.

Conversely, the 200-day moving average at €67.56 remains above the current price, at approximately 2.5% spread, and represents the next notable friction zone. The RSI at 47 remains in neutral territory, with no overbought signal, which leaves room before potential technical compression. The resistance threshold at €68.70 constitutes the target to monitor beyond the 200-day moving average.

Solid half-year fundamentals and moderate valuation according to analyst consensus

The half-year results published in late July had provided a solid foundation: revenue up 10.8% at constant scope and exchange rates at €2,036M, EBITDA up 13.6% to €367M, with particularly strong momentum in Africa. Annual targets had been raised on that occasion, which anchors the renewed interest in the stock in concrete operational figures. According to the consensus of surveyed analysts, the stock trades at approximately 9.9 times expected earnings for the current fiscal year and 8.8 times those of the following fiscal year, a modest valuation for a group whose earnings per share growth is anticipated at nearly 12% from one fiscal year to another. The support at €59.80 remains very distant in this context, at more than 9% below the current price.