Go-Ahead Group reports results on Thursday (29 Nov)

• The chart shows the price movement last time Go Ahead reported (FY Results, 6 Sept).
• The shares opened +40p (+2.4%; low of the day), and went as high as +288p (+17.6%).
• The shares closed +195p (+11.9%) of the day) for a daily trading range of 248p or 15.2%.
• FY Results beat expectations despite a challenging market
• Shares -21.7% from 2018 highs, +19.8% from 2018 lows, +14.2% YTD.
• Currently 1557p (at time of writing). Recent lows 1500p, recent highs 1640p
• Go Ahead issues a Trading Update on Thursday (29 Nov). Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Go Ahead – An Example

Let’s say you think that Go Ahead results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Go Ahead using CFDs, at the current price of 1557p. To do this, you need £2,000.

For the purpose of this example, let’s assume Go Ahead reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss 3% below the current price. Go Ahead 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.