Pre-market: ALTVO.PA Evolis SA (EURONEXT) volume spike 21 Jan 2026: RelVol 50.80
We see a clear pre-market volume spike in ALTVO.PA stock with price at €43.75 and relative volume 50.80. The surge precedes the open on EURONEXT and follows a run above the 50-day average. Traders should note volume is 8,940.00 versus an average 176.00, which often precedes volatile moves. We review the trigger, valuation, technicals, and what the spike means for short-term trading and medium-term investors.
ALTVO.PA stock pre-market snapshot
ALTVO.PA stock is quoted at €43.75 and matched its year high today. Volume is 8,940.00 versus avg volume 176.00, producing a relative volume of 50.80. The one clear fact is increased participation before the open, which raises liquidity and tightens spreads.
This snapshot matters because Evolis is trading above its 50-day average of €43.24 and well above its 200-day average of €34.82, suggesting the short-term trend is intact.
Volume spike and trading signal
The pre-market surge is a classic volume-spike signal for short-term traders. A relative volume of 50.80 with price stable at €43.75 implies buying interest without heavy selling pressure.
For volume-driven strategies we watch order flow at the open, initial 15-minute range, and whether volume sustains above 50.00x. A follow-through break above €45.00 on high volume would confirm momentum.
Fundamentals and valuation of Evolis SA
Evolis SA (ALTVO.PA) shows solid fundamentals with EPS €3.00 and P/E 14.58, below the Technology sector average P/E of 30.75. The company carries cash per share €6.45 and a strong current ratio 4.42, indicating liquidity strength.
Key metrics: market cap €228,410,875.00, price/sales 2.04, EV/EBITDA 8.38, and free cash flow yield 4.10%. These figures support a valuation case that is cautious but not stretched relative to peers.
Technicals, trend and price levels
Technically Evolis sits at a fresh high of €43.75 and above the 50-day average €43.24. The 200-day average at €34.82 provides longer-term support.
Important levels to watch: near-term support €40.00, resistance zone €45.00–€47.00, and a conservative breakout target near €50.00 if volume continues. Tight stop placement is advised for momentum trades.
Meyka AI grade and forecast for ALTVO.PA stock
Meyka AI rates ALTVO.PA with a score out of 100: 72.02 which corresponds to B+ (BUY). This grade factors in S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus.
Meyka AI’s forecast model projects a one-year target of €91.12, against the current €43.75, implying an upside of 108.35%. Forecasts are model-based projections and not guarantees.
Catalysts, risks and trading considerations
Potential catalysts include new contract wins in corporate ID and higher consumables sales. Evolis benefits from recurring consumables revenue and a lean balance sheet with low debt 0.02 debt/equity.
Risks include cyclical hardware demand, inventory cycles (days of inventory 150.44), and sector multiples re-rating. For volume-spike traders we recommend monitoring pre-market order flow, VWAP, and news feeds.
Final Thoughts
Key takeaways: ALTVO.PA stock trades at €43.75 on EURONEXT with a pre-market relative volume of 50.80, flagging elevated trader interest and improved liquidity. Fundamentals show EPS €3.00, P/E 14.58, and strong cash per share €6.45, which support a measured investment case versus the Technology sector. Meyka AI’s model projects €91.12 in one year, implying 108.35% upside from the current price, but this is a model projection not a guarantee. For volume-driven traders the immediate focus is whether sustained volume pushes price above €45.00. Medium-term investors should weigh the strong balance sheet and recurring consumables revenue against inventory cycles and hardware demand risk. We will monitor pre-market order flow and report updates as trade interest evolves. Meyka AI provides this analysis as an AI-powered market analysis platform to help frame decisions, not as investment advice.
FAQs
What caused the ALTVO.PA stock volume spike pre-market?
The spike reflects heavy pre-market trading with 8,940.00 shares versus average 176.00, creating RelVol 50.80. This likely stems from focused buy orders or news-driven interest increasing liquidity ahead of the open.
How does Evolis valuation compare to its sector for ALTVO.PA analysis?
Evolis trades at P/E 14.58, well below the Technology sector average P/E 30.75. That suggests a lower valuation relative to peers, supported by solid cash per share and low debt.
What price targets and forecasts exist for ALTVO.PA stock?
Meyka AI’s forecast model projects €91.12 one-year, implying 108.35% upside versus €43.75 today. Short-term traders may use €45.00–€50.00 as actionable levels. Forecasts are model-based projections, not guarantees.
Is ALTVO.PA stock a buy after the pre-market volume spike?
The grade B+ (BUY) from Meyka AI reflects positive fundamentals and model upside. Traders should confirm sustained volume and breakout above €45.00 before entering. Perform your own research before trading.
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.