Barclays
Is this an opportunity to take a position ahead of the results?
Barclays reports FY results on Thursday, 21 Feb
- Last time Barclays reported: Q3 Results, 24 Oct.
- The shares closed +3.0% for a daily range of 7.8p or 4.7%.
- Shares -4.2% from 2019 highs; +9.3% from 2019 lows; +5.6% year-to-date.
- Currently 155p (at time of writing).
- Will we see another big share price move on Thursday?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Barclays – An Example
Let’s say you think that Barclays results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Barclays using CFDs, at the current price of 155p. To do this, you need £2,000.
For the purpose of this example, let’s assume Barclays 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 position, and place a stop-loss 5% below the current price. Barclays 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.