Greggs reports FY Results on Thursday, 7 Mar

• Last time Greggs reported: Trading Update, 19 Feb.
• The shares closed +11.2% for a daily range of 141p or 8.8%.
• Shares -2.3% from 2019 highs; +42.6% from 2019 lows; +41.7% year-to-date.
• Currently 1794p (at time of writing).
• Could we see another big share price move on Thursday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Greggs – An Example

Let’s say you think that Greggs results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Greggs using CFDs, at the current price of 1794p. To do this, you need £2,000.

For the purpose of this example, let’s assume Greggs 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 3% below the current price. Greggs results miss, it falls 3% and hits your stop-loss. Your loss would be £300.

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