Balfour Beatty is due to issue a Q3 Trading update on Friday, 14 Dec

• The chart shows Balfour Beatty price movements last time it reported (H1 results, 15 Aug).
• It reported a fourfold rise in H1 profit thanks to “Build to Last” transformation program; dividend increased.
• The shares opened -1.3p (-0.4%), traded as high as +11.4p (+3.9%) and went as low as -1.3p (-0.4%).
• The shares closed +2.4p (+0.8%), for a daily trading range of 12.7p or 4.4%.
• Shares -27.0% from 2018 highs, +0.8% from 2018 lows, -18.4% year-to-date.
• Currently trading at 242p (at time of writing).
• Balfour Beatty issues a Q3 Trading Update on Friday 14 Dec. Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Balfour Beatty – An Example

Let’s say you think that Balfour Beatty results are likely to be good, and the price is likely to rise. You decide to buy exposure to £10,000 worth of Balfour Beatty using a CFD, at the current price of 242p. To do this, you need £2,000.

For the purpose of this example, let’s assume Balfour Beatty reports strong results and the share price rises by 10%. Your profit would be £1,000, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. Balfour Beatty results miss, it falls 5% and hits your stop-loss. Your loss would be £500.

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