DS Smith reports half-year results on Thursday (6 Dec)

• The chart shows the price movement last time DS Smith reported (Trading Update, 6 Nov).
• The shares opened +16.6p (+4.4%), went as high as +23p (+6%) and as low as +0.2p (+0.1%).
• The shares closed +4.76p (+1.2%), for a daily trading range of 22.8p or 6%.
• Shares -38.4% from 2018 highs, +1.55% from 2018 lows, -27.3% year-to-date.
• Currently trading at 350p (at time of writing).
• DS Smith issues half-year results on Thursday (6 Dec). Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading DS Smith – An Example

Let’s say you think that DS Smith results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of DS Smith using CFDs, at the current price of 350p. To do this, you need £2,000.

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