Among the strongest declines in the SBF 120: S.E.B. (Tefal) share drops more than 2%
The small appliance manufacturer is falling sharply during the session, while the Paris market remains stable. The decline occurs in a context of tension over French public debt and follows several difficult sessions since the arrival of the new chief executive officer.
A decline of 2.18% that places S.E.B. at the bottom of the SBF 120
The S.E.B. share falls 2.18% to €53.95, compared with €55.15 at the last close. The SBF 120 advances 0.11% at the same time, placing the stock among the strongest declines in the index, behind Medincell and TF1. Over one month, the decline reaches 4.93%, but the share maintains a gain of 15.67% over three months.
The Écully-based group, which includes notably Tefal, Moulinex and Rowenta, saw its support at €55.40 break in early October, at the time of Loïc Moutault's appointment as chief executive officer. The market context remains marked by tension over public finances: the Finance Committee of the National Assembly rejected the revenue portion of the 2027 Budget Law on October 9, and the 10-year OAT was at 4.79% according to the latest reading of October 9, at 1.32 points from the Bund.
Below the 20-day and 50-day moving averages, S.E.B. approaches its support at €52.70
In terms of moving averages, the price is below the 20-day MA (€55.85, gap of 3.40%) and the 50-day MA (€57.67, gap of 6.45%), a sign of a decline that has been established for several sessions. The stock remains, however, above the 200-day MA (€51.51, gap of 4.74%), which provides a medium-term benchmark. The support at €52.70 is located approximately 2.3% below the current price, and the RSI at 46 signals neither overbought nor oversold conditions.
According to the consensus of analysts surveyed, the stock trades at approximately 9.2 times the earnings of the current fiscal year and 6.9 times those of the next fiscal year. The next numerical benchmark therefore remains this support at €52.70.
