Clarkson
A trading opportunity for you?
Will Clarkson continue falling, or will it recover to 2655p recent highs?
- Clarkson shares -5% today after results.
- Shipbroker said uncertainty is leading to execution delays and impacting rates.
- Now trades 2472p (at time of writing).
- Shares -8.4% from 2019 highs; +32.8% from 2019 lows; +30% year-to-date.
- Can the stock recover to recent highs?
- Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal
Trading Clarkson – An Example
Let’s say you feel that the stock is a bargain and you think could bounce back towards 2655p. You decide to buy exposure to £10,000 worth of Clarkson using a CFD, at the current price of 2472p. To do this, you need £2,000.
Let’s assume Clarkson recovers back to 2655p recent highs (+7.4%). Your profit would be £740, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 4% from the current price. Clarkson falls 4% and hits your stop-loss. Your loss would be £400.
This is provided for information purposes only. It should not be taken as a recommendation.