Pre-market most active: Cybergun (ALCYB.PA EURONEXT) €0.0004, 689,090,701 vol
ALCYB.PA stock is the clear pre-market most active name on EURONEXT on 23 Feb 2026, trading at €0.0004 on very heavy turnover. Volume hit 689,090,701 shares against an average of 251,542,800, driving a relative volume of 2.74. This activity follows thin-market characteristics for Cybergun S.A. and shows that small price moves can correspond to large percentage swings. We examine why traders are focusing on Cybergun (ALCYB.PA), link the flow to fundamentals, and set scenarios for price targets and risk management in Europe and EUR currency terms.
Pre-market snapshot and why ALCYB.PA stock is most active
Cybergun S.A. (ALCYB.PA) opened pre-market at €0.0004 on EURONEXT on 23 Feb 2026 and shows a day low/high range of €0.0003/€0.0005. The immediate reason for high activity is an order flow mismatch in a low-priced equity with 11,258,500,096 shares outstanding that amplifies intraday volume.
One clear claim: the stock’s large 689,090,701 share volume versus an average of 251,542,800 indicates speculative trading and liquidity-driven moves rather than new corporate disclosures. Market participants should treat intraday swings as volatility events, not necessarily changes in company fundamentals.
Trading volume, price action and short-term drivers
ALCYB.PA stock shows heavy trade concentration: relative volume 2.74 and a 50-day average price of €0.000474. This pattern often appears when retail flows and block orders interact in low-price names.
One claim per paragraph: the 1-day change metrics point to choppy performance — the stock’s short-term returns are volatile with a 1Y change of 100.00% but massive longer-term drawdowns, reflecting episodic liquidity spikes. Traders should watch bid-ask spreads and order-book depth before taking positions.
ALCYB.PA stock fundamentals and valuation
Cybergun S.A. is listed on EURONEXT and operates in the Consumer Cyclical sector, Leisure industry, selling replica and air-gun products under multiple licensed brands. Current financials show EPS -0.15 and a P/E of -0.0027, reflecting losses rather than earnings power.
One claim per paragraph: valuation multiples are distorted by the extremely low share price and negative earnings, but key metrics show a low market cap of €4,503,400.00 and a price-to-sales ratio of 0.10, which signals the market values the equity at a fraction of trailing sales. Investors reviewing ALCYB.PA analysis should prioritise cash flow trends and balance-sheet stability over headline multiples.
Technicals, liquidity and trading signals for ALCYB.PA stock
Technicals are unreliable for micro-priced names, but available indicators show a 50-day average €0.000474 and 200-day average €0.000234, implying recent consolidation. On-chain technicals report an ADX of 50.00, which flags a strong short-term trend driven by volume rather than fundamentals.
One claim per paragraph: given OBV -490,504,673 and thin order books, scaling in and out is essential; position sizing should be small with stop levels because a single block trade can swing price multiples dramatically.
Risks, catalysts and sector context for ALCYB.PA stock
Key risks: negative EPS, tight cash buffers (cash per share 0.0278), and negative operating cash flow per share -0.0231. The Leisure industry and Consumer Cyclical sector in Europe show mild year-to-date strength, but Cybergun’s micro-cap status increases idiosyncratic risk.
One claim per paragraph: near-term catalysts would include contract wins, licensing updates, or an earnings surprise; the next scheduled earnings announcement is 04 Nov 2025, which remains a longer-term event. Until then, trade activity is likely driven by liquidity and sentiment rather than fresh corporate data.
Meyka AI grade and ALCYB.PA stock forecast
Meyka AI rates ALCYB.PA with a score out of 100: 58.64 | Grade: C+ | Suggestion: HOLD. This grade factors in S&P 500 comparison, sector and industry performance, financial growth, key metrics, and analyst consensus.
Meyka AI’s forecast model projects €17.88 at a seven-year horizon. Compared with the current price €0.0004, that implies an upside of 4,469,236.75%. Forecasts are model-based projections and not guarantees. For practical trading, our scenario price targets are: conservative €0.0010 (upside 150.00%), base €0.0050 (upside 1,150.00%), bullish €0.0200 (upside 4,900.00%). Use small sizing and strict risk controls.
Final Thoughts
ALCYB.PA stock is the most active pre-market name on EURONEXT on 23 Feb 2026, trading at €0.0004 with 689,090,701 shares changing hands. The surge reflects liquidity concentration in a micro-cap, not a material change to Cybergun S.A.’s fundamentals. Financials show EPS -0.15, negative operating cash flow per share -0.0231, and a market cap of €4,503,400.00, meaning valuation metrics are distorted and require cautious interpretation. Meyka AI assigns a C+ (58.64) grade and models a long-range projection of €17.88, an extreme statistical outlier that implies 4,469,236.75% upside versus the current price; this is a model output and not an investment guarantee. For traders, short-term strategies should focus on liquidity, tight stops, and small position sizes. For investors, prioritise balance-sheet improvement, consistent cash flow, and material operational catalysts before allocating capital. We track news flow and will update the ALCYB.PA stock outlook as fresh data or corporate announcements emerge. Meyka AI provides this as an AI-powered market analysis platform; use it alongside your own research.
FAQs
Why is ALCYB.PA stock so active pre-market today?
Activity stems from heavy order flow in a low-priced micro-cap. With 689,090,701 shares traded versus an average of 251,542,800, liquidity and speculative retail flows drive volatility rather than new corporate news.
What are the main financial risks for Cybergun (ALCYB.PA)?
Key risks include negative EPS -0.15, negative operating cash flow per share -0.0231, small market cap €4,503,400.00, and thin liquidity, which amplify price swings and raise solvency and funding concerns.
How should I treat the Meyka AI forecast for ALCYB.PA stock?
Treat the Meyka AI forecast as a model-based projection. The seven-year output €17.88 is theoretical and not a guarantee; use it alongside fundamentals and risk controls before making investment decisions.
What short-term trading rules apply to ALCYB.PA stock?
Use small position sizes, set tight stops, and monitor bid-ask spreads. High relative volume (2.74) means single large orders can move price significantly in thin markets.
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.