Teleperformance Shares Bounce Nearly 3% Confirming its Rebound
Teleperformance shares rebound sharply during the session, within an SBF 120 that is also trending upwards. The stock continues its recovery that began in late March, while aggregated short positions on the capital remain at a high level.
A 2.91% Bounce Places the Stock Among the Top Gainers in the SBF 120
Teleperformance is up 2.91% at €62.28 midday, compared to a 0.74% increase for the SBF 120 and 0.79% for the CAC 40. The stock ranks among the strongest gains in the broader index. Over one month, the stock has gained 8.24%, and 15.08% over three months, reflecting the recovery that began after the end-of-winter low. However, the annual performance remains negative at -27.46%. Today's movement continues the rebound observed at the end of May, after the turbulent sequence of dividend detachment and the completion of a €600 million bond buyback on May 27. In terms of valuation, the stock is trading at approximately 4.7 times the expected earnings for the current fiscal year, according to the consensus of surveyed analysts.
Short Positions at 10.99% of Capital and MM20 Still Out of Reach at €67.18
According to reviewed declarations, nine funds hold a combined net short position of 10.99% of the capital, down 1.89 points over thirty days. The level remains high and reflects a still visible selling trend among institutional investors, even though the hedging dynamic has improved since last month's peak. This point should be monitored without making definitive conclusions about the stock's trajectory. Regarding indicators, the price is above the MM50 (€58.63, a +6.23% difference) and the MM200 (€59.59, a +4.51% difference), confirming the exit from the low zone reached this winter. However, the MM20 at €67.18 remains 7.29% above the current price, and is the next identifiable barrier in the data. The RSI at 44 currently indicates a balance between buyers and sellers, without signaling any excess. Crossing this MM20 will be the technical milestone to watch to confirm the medium-term momentum.
