7.5% gain over the week: Pluxee share (meal vouchers) approaches its resistance level
The specialist in meal vouchers and employee benefits is rising in early afternoon, in a Paris market slightly oriented upwards. After a turbulent October, the share is regaining momentum and settling above its main moving averages.
A share gaining 7.4% over the week and moving above its 50-day moving average
The Pluxee share gains 2.23% to €15.56 in trading, while the SBF 120 rises 0.32%. The rebound brings the weekly gain to 7.38% and places the price 3.87% above the 50-day MA (€14.98), one of the thresholds the share had lost during the October decline. Support is located at €13.86, resistance at €15.71, just 1% above the current price.
This movement is part of a positive quarter, with a gain of 16.21% over three months, while the share remains below its recent highs on a monthly basis. Edenred, a comparable value, gains 2.91% this Friday following a gain of 4.11% over one month. The two service voucher issuers are moving in the same direction today, a parallel of curves that remains a simple observation.
A €100M share buyback and confirmed accounts in the background
Pluxee launched on May 11, 2026 a €100M share buyback program. Over twelve months, €83M of shares were repurchased, representing 3.8% of market capitalization, according to the latest declaration read dated April 30, 2026. On the activity side, the group had confirmed its financial objectives when publishing the nine-month results on July 3, 2026, following a third quarter down 3.3% hindered by the Brazilian reform.
On the debt side, the 10-year OAT is at 4.74% according to the reading of October 15, with a spread of 1.35 points with the Bund, as the Assembly examines the 2027 budget. Looking ahead, the resistance at €15.71 is the level the price is preparing to test.
