William Hill
Is this an opportunity to take a position ahead of the results?
William Hill reports FY Results on Friday, 1 Mar
- Last time William Hill reported: Trading Statement, 21 Jan.
- The shares closed -1.6% for a daily range of 11.2p or 6.3%.
- Shares -3.1% from 2019 highs; +21.2% from 2019 lows; +18.2% year-to-date.
- Currently 183p (at time of writing).
- Will we see another big share price move on Friday?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading William Hill – An Example
Let’s say you think that William Hill results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of William Hill using CFDs, at the current price of 183p. To do this, you need £2,000.
For the purpose of this example, let’s assume William Hill 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. William Hill 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.