EXOSENS Stock Continues Its Rally, Driven by Defense and Industrial Focus
The specialist in night vision and imaging technologies for defense continues its rally at midday, on the same day as its annual general meeting. The stock thus extends an upward sequence that began last week, after a turbulent May. The recent momentum is fueled by the group's industrial announcements and a confirmed appetite for defense stocks.
An Industrial Ramp-Up That Supports the Stock
Exosens stock is up 1.8% at €65.15, extending the 6.6% surge recorded the previous day. The stock of the Mérignac-based manufacturer reacts to the announcement of doubling its production capacity of cooled infrared cameras by 2026, revealed on May 20. The group targets long-range anti-drone systems and surveillance, two segments driven by global defense demand. This industrial ramp-up extends the commercial trajectory outlined in the first quarter, with a revenue increase of 19.7% to €122.6 million. The annual general meeting is held this Friday, May 22. Over one year, the stock now shows a 65.57% increase, despite the early month's downturn.
The Rebound Brings the Price Above All Moving Averages, Below the €66.65 Resistance
The stock is trading above the MM20 (€61.65) with a gap of 5.68%, and also moves back above the MM50 at €63.79. The MM200 remains far behind, at €51.89, representing a gap of more than 25% which illustrates the underlying slope of the file over the year. The RSI at 56 indicates a return to the neutral zone, after entering an oversold state in early May at €57.30. The price is now approaching the resistance of €66.65, already tested at the end of April after the quarterly results. Exceeding this would refer back to the May peak at €66.30. The Paris market remains buoyant, with the SBF 120 gaining 0.51% at 6,181 points.
