EU Stocks

ALCYB.PA Stock Trades 689M Shares on EURONEXT, Down 99.99% in 5 Years

April 24, 2026
5 min read

Key Points

ALCYB.PA stock trades €0.0004 with 689M shares on EURONEXT today

Cybergun faces negative earnings, cash flow, and shareholder equity

Five-year decline of 99.99% reflects operational collapse and debt crisis

Meyka AI rates ALCYB.PA C+ HOLD with significant bankruptcy risk

Cybergun S.A. (ALCYB.PA) trades at €0.0004 on EURONEXT with massive trading volume of 689 million shares today. The French leisure equipment manufacturer faces severe financial headwinds, posting negative earnings and operating losses. ALCYB.PA stock has collapsed 99.99% over five years, reflecting deep operational challenges. The company manufactures replica weapons and tactical accessories under brands like GLOCK and COLT. With a market cap of just €4.5 million and negative cash flow, ALCYB.PA stock remains highly distressed. Meyka AI rates the stock C+ with a HOLD recommendation.

ALCYB.PA Stock Price and Trading Activity

ALCYB.PA stock trades at €0.0004 per share with zero daily change. The stock opened at €0.0004 and trades between €0.0003 (day low) and €0.0005 (day high). Year-to-date performance shows a stunning 300% gain, though this reflects recovery from extreme lows. The 52-week range spans €0.0001 to €0.0006, indicating extreme volatility and distress. Volume today reached 689 million shares, 2.74 times the 251 million average. This massive relative volume suggests forced liquidation or panic selling among remaining shareholders.

The 50-day moving average sits at €0.000474, while the 200-day average is €0.000234. ALCYB.PA stock trades well below both moving averages, signaling downward momentum. The stock’s technical indicators show an ADX of 50, indicating a strong downtrend. Relative volume of 2.74 confirms today’s exceptional trading activity on EURONEXT.

Financial Performance and Profitability Crisis

Cybergun S.A. faces a severe profitability crisis with negative earnings per share of €-0.15. The company posted a net loss margin of -58.19%, meaning every euro of revenue generates significant losses. Operating income turned negative with a margin of -26.80%, reflecting operational dysfunction. Revenue per share stands at €0.5458, but the company burns cash faster than it generates sales.

Key financial metrics reveal structural problems. Return on equity is -5.84%, while return on assets is -0.73%. The company’s book value per share is negative at €-0.047, indicating shareholders have negative equity. Free cash flow per share is €-0.0298, showing the company cannot fund operations from cash generation. These metrics explain why ALCYB.PA stock has lost 99.99% of its value over five years.

Balance Sheet Deterioration and Debt Concerns

Cybergun’s balance sheet shows alarming weakness with tangible asset value of €-8.2 million. Shareholders’ equity per share is negative at €-0.0908, meaning liabilities exceed assets. The current ratio of 1.02 barely covers short-term obligations. Working capital is only €522,000, providing minimal cushion for operations.

Debt metrics are concerning. Debt-to-equity ratio is -1.22, reflecting negative equity. Debt-to-market cap is 1.99, meaning total debt nearly doubles the company’s market value. Interest coverage is -32.38, showing the company cannot service debt from earnings. Enterprise value of €12.3 million far exceeds market cap, indicating significant liabilities. The company carries €1.15 billion in interest-bearing debt per share, creating unsustainable financial pressure. Track ALCYB.PA on Meyka for real-time updates on this distressed situation.

Market Sentiment and Technical Outlook

Trading Activity: ALCYB.PA stock shows extreme distress with 689 million shares trading today. Relative volume of 2.74 indicates panic selling or forced liquidation. The stock trades near 52-week lows, suggesting capitulation among remaining investors. Volume spikes typically precede further declines in distressed stocks.

Liquidation Risk: On-balance volume is deeply negative at -490.5 million, confirming sustained selling pressure. The Money Flow Index at 50 shows neutral momentum, but declining price with high volume signals distribution. Meyka AI’s analysis indicates continued downward pressure. The stock’s technical setup offers no support levels, with price action suggesting further deterioration possible. Investors should monitor EURONEXT announcements for restructuring or bankruptcy proceedings.

Final Thoughts

ALCYB.PA stock is in extreme distress, trading at €0.0004 with 689 million shares outstanding. The company faces operational collapse with negative earnings, cash flow, and shareholder equity. Meyka AI rates it C+ with a HOLD recommendation due to significant risk and poor recovery prospects. Shareholders face potential total loss. This highly speculative stock is unsuitable for most investors and requires professional analysis before any investment decision.

FAQs

Why has ALCYB.PA stock lost 99.99% over five years?

Cybergun faces severe operational losses, negative cash flow, and negative shareholder equity. The company burns cash faster than it generates revenue. Debt exceeds market value by nearly 2x. These fundamental failures justify the catastrophic decline in ALCYB.PA stock price.

What is the current ALCYB.PA stock price on EURONEXT?

ALCYB.PA stock trades at €0.0004 per share on EURONEXT with zero daily change. The stock trades between €0.0003 (day low) and €0.0005 (day high). Today’s volume reached 689 million shares, 2.74 times average volume.

Is ALCYB.PA stock a buy at current levels?

Meyka AI rates ALCYB.PA C+ with a HOLD recommendation. The company shows negative earnings, negative cash flow, and negative equity. Bankruptcy risk is significant. This is a highly speculative situation unsuitable for most investors. Consult a financial advisor before investing.

What does Cybergun S.A. manufacture?

Cybergun manufactures and distributes replica weapons, air guns, and tactical accessories. The company operates under brands including GLOCK, COLT, and DESERT EAGLE. Products include soft air guns, BBs, green gas, batteries, tactical goggles, vests, and holsters.

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.

What brings you to Meyka?

Pick what interests you most and we will get you started.

I'm here to read news

Find more articles like this one

I'm here to research stocks

Ask Meyka Analyst about any stock

I'm here to track my Portfolio

Get daily updates and alerts (coming March 2026)