Ubisoft Shares Drop Nearly 7% Over the Week and Fall Below MM20
The French video game publisher falls again at the close of this Friday's session, in a downward trending Parisian market. The stock records several sessions of decline, while selling pressure on the capital remains a point of focus.
The Stock Falls Below Its MM20, Erasing Part of the Post-Earnings Rebound
Ubisoft shares dropped 2.22% to €5.02, down from €5.14 the previous day. The decline brings the weekly performance to -6.9%, while the SBF 120 only lost 0.35% in the session. The price has fallen below its 20-day moving average (€5.21), with a gap of 3.6%. However, it remains above the MM50 (€4.77), confirming that the medium-term momentum from the rebound at the end of May is not broken. The RSI at 51 indicates a market without a clear direction. Today's movement erases part of the technical rebound observed after Barclays' target revision at the end of May. The support at €4.68, identified in the technical data, is the next reference zone in case of further decline.
Short Positions Remain High on the Stock, Around 14% of Capital
According to reviewed statements, eleven funds have a combined net short position of 14.34% of the capital, slightly down over thirty days (-0.36 point). The level remains high in absolute terms and reflects the persistence of bearish bets by institutional investors on the stock, without any recent acceleration observed. This context follows the annual accounts for 2025-2026 published on May 20th, marked by a net bookings decline of 17.4% and a non-IFRS operating loss of €1,044.7 million. The company then indicated it anticipated a stronger content pipeline for 2027-28 and 2028-29, and had reduced its net debt from €885 million to €187.3 million. In product news, Ubisoft detailed this week the new season of Rainbow Six Mobile and announced the launch of Rayman Legends Retold for October 1st. The MM200 at €6.20, still 19% above the current price, remains the main medium-term barrier for the stock.
