Stagecoach reports half-year results on Wednesday (5 Dec)

• The chart shows the price movement last time Stagecoach reported (Trading Update, 19 Sept).
• The shares opened -3.6p (-2.3%), went as high as +5p (+3.2%) and as low as -4.9p (-3.1%).
• The shares closed -2.6p (-1.6%), for a daily trading range of 9.9p or 6.2%.
• Shares -9.7% from 2018 highs, +26.2% from 2018 lows, -6.3% year-to-date.
• Currently trading at 154p (at time of writing).
• Stagecoach  issues half-year results on Wednesday (5 Dec). Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Stagecoach – An Example

Let’s say you think that Stagecoach results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Stagecoach using CFDs, at the current price of 154p. To do this, you need £2,000.

For the purpose of this example, let’s assume Stagecoach 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. Stagecoach 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.