34.5% gain in one quarter: Teleperformance stock rebounds nearly 2%
The customer relationship management specialist is rising during the session, after testing its technical floor. The movement is part of a Paris market in gains, despite persistent tension on French debt.
A rebound of 1.81% on a support already tested at the end of September
The Teleperformance share gains 1.81% to €69.90 during the session, compared to €68.66 at the previous close. The stock is still down 1.47% over one week, but it had broken its support at €68.24 on September 30, to the point of becoming the SBF 120's worst performer. The price is rising today from this level, above the 50-day moving average (€69.19, a difference of 1.03%).
It remains below the 20-day moving average (€70.34), leaving the €73.70 resistance at a distance. The rebound is all the more marked as the benchmark index advances more modestly: the SBF 120 gains 0.45% in the same period. Over three months, the stock still shows a gain of 34.68%, distancing it from its 200-day moving average (€59.44, 17.6% lower than the current price).
A Paris market that advances despite a 4.72% OAT
The CAC 40 advances 0.42% during the session, while the 10-year OAT quotes at 4.72% according to the Banque de France survey of October 6. The rate is 18 basis points below its October 1 peak (4.90%). The spread with the Bund stands at 1.27 points, at a time when the debate on the 2027 budget remains open. Net short positions declared on Teleperformance, according to the declarations reviewed, reach 6.11% of capital for seven funds.
They retreat by 1.67 points in one month, after 7.78% thirty days ago. This level remains elevated, but the trend is toward easing over the period. Regarding expected earnings, the stock trades at approximately 5.2 times those of the current fiscal year, according to the consensus of analysts surveyed. On the technical follow-up side, the €68.24 zone remains the level to watch on the downside.
