Spire Healthcare
A trading opportunity for you?
Will Spire Healthcare continue falling, or will it rise again back to 163p highs?
- Spire shares have fallen by 16% from recent 163p highs to trade 137p (at time of writing)
- Shares -44.1% from 2018 highs; +5.5% from 2018 lows; -45.9% year to date
- 18 Sept: Berenberg says “After Spire Healthcare’s Lackluster 1H, Investors Look to Future”
- Source: Dow Jones, Bloomberg, Company News
Trading Spire Healthcare – An Example
Let’s say you feel that the stock is a bargain and you think it could bounce back to recent highs of 163p. You decide to buy exposure to £10,000 worth of Spire using a CFD, at the current price of 137p. To do this, you need £2,000.
Let’s assume Spire recovers back to 163p (+19%). Your profit would be £1900, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. Spire falls 5% and hits your stop-loss. Your loss would be £500.
This is provided for information purposes only. It should not be taken as a recommendation.