United Utilities reports results on Weds, 21 November

• The chart shows the price movement last time United Utilities reported: Trading Update, 28 September.
• Shares opened -2p (-0.3%; low of the day), went as low as -8.8p (-0.7%) and moved as high as +15.6p (+2.3%)
• The shares closed +10.8p (+1.6%) for a daily range of 24.4p or 3.5%.
• Shares -11.1% from 2018 highs; +13.8% from 2018 lows; -9.8% year-to-date.
• Currently 748p (at time of writing).
• United Utilities is a regulated water and waste water utility in serving customers in NW England
• United Utilities publishes H1 Results on Weds, 21 Nov.
• Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires

Click to enlarge

Trading United Utilities – An Example

Let’s say you think that United Utilities results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of United Utilities using CFDs, at the current price of 748p. To do this, you need £2,000.

For the purpose of this example, let’s assume United Utilities reports strong results and the shares rise 10%. Your profit would be £1,000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 3% below the current price. United Utilities results miss, it falls 3% and hits your stop-loss. Your loss would be £300.

This is provided for information purposes only. It should not be taken as a recommendation.