Ted Baker
Is this an opportunity to take a position ahead of the results?
Ted Baker reports half-year results on Thursday (6 Dec)
- The chart shows the price movement last time Ted Baker reported (Trading Statement, 4 Oct).
- The shares opened -110p (-4.8%), went as high as -86p (-3.7%) and as low as -329p (-10.1%).
- The shares closed -232p (+10.1%), for a daily trading range of 243p or 10.5%.
- Shares -52.2% from 2018 highs, +3.9% from 2018 lows, -50.5% year-to-date.
- Currently trading at 1335p (at time of writing).
- Ted Baker issues half-year results on Thursday (6 Dec). Will we see another big move?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Ted Baker – An Example
Let’s say you think that Ted Baker results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Ted Baker using CFDs, at the current price of 1335p. To do this, you need £2,000.
For the purpose of this example, let’s assume Ted Baker 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. Ted Baker 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.