Assystem shares gain 10% in one week and rebound 7.5%
The nuclear engineering specialist posts a sharp gain during the session, standing out from the pack on a well-oriented Paris market. The move extends a recovery begun a few days ago, after a difficult quarter.
A rebound that places Assystem among the top performers on the Paris market
Assystem shares gain 7.64% to €37.35 during the session, against a previous close of €34.70. The stock is among the strongest gainers of the CAC All Shares, while the CAC 40 rises 1.04% and the SBF 120 rises 1.02%.
Over one week, the stock has accumulated 10.01%, but it still shed 13.74% over three months. This recovery follows the half-year results published on October 27: an EBIT-A of €21.1 million, up 3.4%, raised annual targets, but a net loss of €6.6 million.
The group, headquartered in Courbevoie, had also announced on October 16 its selection as technical adviser to the Dutch nuclear programme. More broadly, European markets are moving higher after last week's correction in AI-related stocks, in a context of easing VIX, which fell to 23.15.
The stock moves back above its short-term averages, while the MM200 remains far above
The day's gain brings the price 8.83% above the MM20 (€34.32) and 1.19% above the MM50 (€36.91). The MM200, at €41.75, remains 10.54% above the price: the underlying trend has not reversed. The RSI at 60 indicates a rebound without excessive overbought conditions.
Support at €31.65 and resistance at €39.40 frame the trading range, the latter being located about 5.5% from the current price. Investors can consult the analyst consensus on Assystem to put the stock into perspective. The next technical level to watch is therefore this €39.40 resistance.
