Ashtead reports Q3 Results on Tuesday, 5 Mar

• Last time Ashtead reported: Q2 Results, 11 Dec.
• The shares closed +3.6% for a daily range of 105p or 6.5%.
• Shares -3.4% from 2019 highs; +26.3% from 2019 lows; +22.4% year-to-date.
• Currently 1963p (at time of writing).
• Could we see another big share price move on Tuesday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Ashtead – An Example

Let’s say you think that Ashtead results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Ashtead using CFDs, at the current price of 1963p. To do this, you need £2,000.

For the purpose of this example, let’s assume Ashtead 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. Ashtead 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.