Viridien stock rebounds nearly 5% and moves back above its 50-day moving average
The geosciences specialist records one of the most marked rebounds on the Paris market at the start of this week, in a quasi-stable SBF 120. The stock recovers altitude after a difficult quarter, driven by a series of recent operational announcements across several continents.
A rebound of nearly 5% that places the stock above its 50-day moving average, in a balanced SBF 120
Viridien gains 4.89% to €86.85 in trading, ranking among the strongest gainers of the SBF 120 while the index evolves in balance (-0.02%). The stock moves back above its 50-day moving average, which stands at €85.47, with a positive spread of 1.61% — a threshold recovered after several weeks under pressure. It remains nonetheless below its 20-day moving average, at €90.60, representing a spread of -4.14%, which confirms that the configuration remains hesitant in the short term.
The RSI at 39 approaches the oversold zone without entering it, a sign that the selling pressure of recent weeks is beginning to ease. Over the week, the balance remains slightly negative (-0.91%), but today's rebound is part of a monthly progression of 8.43%, following a severe quarterly decline of nearly 28%. The next resistance level is located at €99.40, approximately 14% above the current price.
Contracts across three geographical zones and sharply rising short pressure on the capital
Viridien has multiplied operational announcements in recent days. On August 28, the group extended its Walker Ridge seismic program to 5,491 km² in the Gulf of Mexico, and on August 26, it launched seismic imaging of the Langkasuka study off the coast of Malaysia, a first for the Asia-Pacific region according to the company. Earlier, on August 24, its subsidiary Sercel announced the sale of 6,000 Accel nodes for a geothermal project in Germany. These elements are added to a fundamental context marked by the publication of H1 2026 results, in late July, which revealed a half-yearly revenue declining by 22% but net cash flow multiplied by more than three, at 32 million dollars.
At the publication of Q1 2026 results on May 5, the company confirmed its annual net cash flow target of 100 million dollars. In parallel, according to disclosed filings, eight funds collectively hold 6.41% of the capital sold short, up 1.53 points over thirty days. This elevated level signals downward institutional pressure that remains worth monitoring, especially as it has progressed rapidly, although the precise reasons for these positions are unknown.
