LECN.SW Leclanché S.A. (SIX) down 5.36% pre-market 23 Jan 2026: CHF0.15 key support
LECN.SW stock opened weaker in pre-market trade on 23 Jan 2026, sliding to CHF0.15, down -5.36% from the previous close. The move comes with thin volume at 16,849 shares versus an average of 135,370, raising liquidity concerns for short-term traders. We examine valuation, technical levels and Meyka AI forecasts to frame near-term downside and possible recovery paths for Leclanché S.A. on the SIX exchange.
Market snapshot: LECN.SW stock pre-market data
Leclanché S.A. (LECN.SW) trades on the SIX exchange in Switzerland. The pre-market price is CHF0.15 with a one-day change of -5.36%. Day range shows a low of 0.15 and a high of 0.1585.
Market structure shows a market cap of CHF170,969,002, shares outstanding 1,139,793,344, and 50-day moving average CHF0.14847 versus 200-day CHF0.19714. Next earnings are scheduled for 29 May 2026.
Why the pullback: LECN.SW stock drivers and context
The immediate trigger for the drop is combination of weak fundamentals and light liquidity. Leclanché reports EPS -0.09 and a negative PE, listed as -1.67, which pressures investor sentiment.
Sector context matters. Leclanché sits in Industrials, Electrical Equipment & Parts, areas under selective investor interest this month. Low average volume and long cash conversion cycles amplify moves following any negative data or rating headlines.
Valuation and financials: LECN.SW stock metrics
Key ratios show material stress. Price to sales is 8.96, price to book is -2.63, and enterprise value to sales is 11.32. Working capital is negative at CHF-27,745,000, and current ratio is 0.59, highlighting short-term liquidity pressure.
Operating cash flow per share is -0.0273, free cash flow per share is -0.0303, and research and development to revenue is 56.41%, reflecting heavy R&D spending versus sales. These numbers help explain the valuation discount and elevated operational risk.
Technical view and support levels for LECN.SW stock
Technicals show neutral momentum. RSI is 55.30, ATR is 0.01, and Bollinger middle band sits at 0.15. Short-term support is CHF0.15, and resistance sits near the 50-day average CHF0.14847 and 200-day CHF0.19714.
Volume profile is light with relative volume 0.12. With on-balance volume negative and MFI at 37.98, price moves can intensify on any news. Traders should watch CHF0.15 as a near-term pivot.
Meyka AI grade and forecast for LECN.SW stock
Meyka AI rates LECN.SW with a score of 61.91 out of 100 — Grade B (HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
Meyka AI’s forecast model projects CHF0.18 monthly and CHF0.41 quarterly. Against the current CHF0.15, that implies +20.00% and +173.33% upside respectively. Forecasts are model-based projections and not guarantees. See company site for filings and updates Leclanché website.
Risks and catalysts affecting LECN.SW stock
Near-term risks include continued negative cash flow, thin trading liquidity, and weak margins. The company shows long inventory days at 517.36, boosting working capital strain.
Catalysts could stem from contract wins in e-transport or stationary storage, improved cash flow, or better-than-expected earnings on 29 May 2026. Corporate updates and sector moves can quickly change the stock trajectory. Follow Leclanché LinkedIn for corporate notices Leclanché LinkedIn.
Final Thoughts
LECN.SW stock is in the top-losers category pre-market on 23 Jan 2026 after landing at CHF0.15. The pullback reflects stretched fundamentals, low liquidity and negative cash flow metrics. Technicals place immediate support at CHF0.15 and resistance near the 200-day average CHF0.19714. Meyka AI’s model projects CHF0.18 in the next month, implying +20.00% upside versus current price, and a quarterly projection of CHF0.41 implying +173.33%. For risk management, use a conservative price target range: downside near CHF0.12 (≈-20.00%) and upside target CHF0.20 for a nearer-term recovery scenario. Meyka AI is an AI-powered market analysis platform; its grade and forecasts are model outputs. These grades are not guaranteed and are not financial advice. Monitor liquidity, upcoming earnings and sector contract news before adjusting positions.
FAQs
What caused the pre-market drop in LECN.SW stock today?
The drop to CHF0.15 reflects weak EPS (-0.09), negative cash flow, thin volume, and mixed sector sentiment. Short-term selling pressure magnified under low liquidity and cautious investor appetite.
What is Meyka AI’s short-term forecast for LECN.SW stock?
Meyka AI’s forecast model projects CHF0.18 monthly and CHF0.41 quarterly. That implies near-term upside of +20.00% and +173.33% respectively versus CHF0.15. Projections are not guarantees.
Is LECN.SW stock a buy after the dip?
Leclanché carries elevated operational risk, negative cash flow and low current ratio. Meyka AI grades it B (HOLD). Investors should wait for clearer cash flow improvements or contract news before buying.
What key levels should traders watch for LECN.SW stock?
Watch CHF0.15 as immediate support and CHF0.1585–CHF0.19714 as resistance. Low volume means levels can break quickly, so use tight risk controls and confirm with volume.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
