Spire Healthcare
A trading opportunity for you?
Will Spire Healthcare continue falling, or will it rise again back to Monday’s high of 118p?
- Spire Healthcare shares have fallen as low as -15% today (15 Jan).
- Shares bounced +2% off their worst; Currently trading at 104p (at time of writing).
- Shares falling after healthcare company warned of lower 2018 earnings on flat revenue.
- Shares -13.3% from 2018 highs; +2% from 2019 lows; -3.1% year-to-date.
- Can the stock recover to recent highs?
- Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal
Trading Spire Healthcare – An Example
Let’s say you feel that the stock is a bargain and you think it could bounce back to recent highs of 118p. You decide to buy exposure to £10,000 worth of Spire Healthcare using a CFD, at the current price of 104p. To do this, you need £2,000.
Let’s assume Spire Healthcare recovers back to Monday’s high of 118p (+13.4%). Your profit would be £1340, from your initial investment of £2000.
Conversely, let’s assume you open the above position, and place a stop-loss at 7% from the current price. Spire Healthcare falls 7% and hits your stop-loss. Your loss would be £700.
This is provided for information purposes only. It should not be taken as a recommendation.