Down 23.5% over one year, FDJ United stock rebounds 1.5% against short sellers
The gaming operator's share price rallies in mid-afternoon trading, as the Paris market edges slightly higher. This recovery comes after a series of difficult sessions and a downward revision of analyst targets last week.
A rebound that brings the price back to its 20-day moving average
FDJ United shares gain 1.73% to €21.19 in trading, against an SBF 120 up 0.17%. The stock thus ranks among the index's strongest gainers, behind values such as Rémy Cointreau and Alstom. The move brings it back to its 20-day moving average (€21.29), while the share remains below the 50-day MA at €21.86 and below the 200-day MA at €23.16. The support level at €20.58, broken in session on October 7, remains the last floor tested, while resistance stands at €22.37.
Over the week, the gain reaches 1.5%, but the decline remains 4.6% over one month and nearly 8% over three months. The RSI at 35 remains close to the oversold zone, a sign that selling pressure has eased without disappearing. The consensus of analysts tracked values the share at approximately 9.4 times expected earnings for the current fiscal year.
High short positions and interim results that ease tensions
Net short positions on the value cumulate 6.56% of capital, declared by five funds, according to consulted filings. The level is elevated, with an increase of 0.17 points in one month: a notable fringe of institutional investors remains positioned for a decline, without marked acceleration over the period. This configuration can amplify movements when the price rebounds, without allowing us to infer the funds' intentions.
During the first half 2026 results published on July 29, the company indicated it aims for stable gross gaming product and a slight decline in revenue, with current EBITDA margin maintained between 23% and 24%. Investors can follow the analyst consensus view on FDJ United to gauge these objectives. Resistance at €22.37 remains the technical level to break through to exit the current consolidation zone.
