SPEL.PA up 111.43% to €19.98 on 02 Jan 2026: market closed, watch valuation
The most important market fact: SPEL.PA (Foncière Volta) surged 111.43% to €19.98 on EURONEXT on 02 Jan 2026 as markets closed, driven by unusually high liquidity. Volume reached 5,784.00 shares versus an average 42.00 shares, a relative volume of 63.12, signalling a concentrated trading event. There is no recent public earnings release in our feed; the last listed earnings announcement date in the dataset is 2019. Investors should weigh the technical spike against fundamentals and sector norms before adjusting positions.
Trading snapshot: price, volume and session context
SPEL.PA closed at €19.98 on 02 Jan 2026, up €10.53 or 111.43% from the previous close of €9.45. The intraday range was €8.25 to €19.98. Reported trading volume was 5,784.00 shares compared with an average volume of 42.00 shares, producing a relVolume of 63.12. Market session: Market closed on EURONEXT for Europe.
What the volume says: high-volume mover dynamics
The jump occurred on concentrated liquidity: volume was 5,784.00 versus average 42.00, indicating outsized retail or block activity rather than broad institutional flow. High relative volume with a large price spike increases short-term volatility and reduces predictable price discovery. Traders often see such moves as either momentum continuation or a short-lived re-rating, depending on follow-through in the next sessions.
Fundamentals and valuation snapshot
Foncière Volta reported EPS of €0.82 and a trailing PE of 10.18 based on the dataset. Book value per share is €12.41 and price-to-book is 0.67, implying the market historically priced in asset value support. Market cap is €88,047,101.00 and enterprise value is €161,444,101.00. Debt-to-equity stands at 0.65 and return on equity is 7.15%. These ratios show modest leverage and an asset-heavy RE profile versus the Real Estate sector average price-to-book of 1.77.
Technicals and short-term momentum
Technical indicators registered strong momentum: RSI 61.98 and MACD histogram 0.50 show positive short-term bias while CCI at 175.79 and MFI at 98.95 indicate overbought conditions. Bollinger bands traded near the upper band (€19.79 upper, €11.40 middle). With ATR €3.25, expect elevated intraday swings as the market digests the gap higher.
Sector context and comparable metrics
SPEL.PA sits in Real Estate on EURONEXT where the sector average PE is 21.38 and average PB is 1.77. At the post-spike price, SPEL.PA’s PE of 10.18 and PB 0.67 remain below sector averages, suggesting the move has not yet pushed valuation above peers. However, absolute liquidity and company size (market cap €88.05m) make the stock more volatile than larger REITs.
Meyka AI grade and model forecasts
Meyka AI rates SPEL.PA with a score of 68 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 a quarterly price target of €12.30, a 1-year projection of €10.56, a 3-year projection of €15.47 and a 5-year projection of €20.39. These are model-based projections and not guarantees.
Final Thoughts
Key takeaways for traders and investors: the headline move for Foncière Volta (SPEL.PA) to €19.98 on EURONEXT on 02 Jan 2026 was driven by an extreme volume spike — 5,784.00 shares versus a 42.00 average — producing rapid re-pricing and high intraday volatility. Fundamentals remain mixed: EPS €0.82, PE 10.18 and book value €12.41 per share with a price-to-book of 0.67, which still sits below the Real Estate sector PB average of 1.77. Technicals show momentum but also short-term overbought signals (CCI 175.79, MFI 98.95). Meyka AI’s forecast model projects a 1-year level of €10.56 versus the current €19.98, implying an expected downside of -47.15%, while a 5-year model projects €20.39, a 2.06% upside. Given the stock’s small market cap (€88,047,101.00), thin trading history and the absence of a recent earnings release in our data feed, we view this as a high-risk, event-driven move. Traders seeking to capitalise should prioritise position sizing and stop discipline; longer-term investors should wait for confirmed fundamentals or clearer corporate disclosures. Meyka AI is an AI-powered market analysis platform providing model-based projections — forecasts are not investment guarantees.
FAQs
The dataset shows a concentrated volume spike (5,784.00 vs avg 42.00) and no recent earnings update; such gaps often reflect block trades, retail momentum or private disclosures. We have no confirmed public press release in the feed.
On headline multiples PE 10.18 and PB 0.67 remain below Real Estate sector averages, but technical indicators are overbought; valuation comfort depends on earnings sustainability and clarity on the trading catalyst.
Meyka AI’s forecast model projects a quarterly level of €12.30 and a 1-year projection of €10.56. Models are projections, not guarantees, and imply downside versus the current price of €19.98.
This is a high-volatility, small-cap situation. Use tight risk controls, small sizes and watch next-day volume for confirmation. Long-term positions should wait for company disclosures or consistent fundamentals.
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.
