Will Inmarsat turn, or will it continue to rise towards 524p?

• Double breakout at 414p and 435p; Now trading 451p (at time of writing).
• Could they recover to prior highs of 524p?
• Shares -1.9% from 2019 highs; +27.1% from 2019 lows; +18.9% year-to-date
• 7 Mar: Jefferies says Inmarsat earnings outperform as aviation division flies high
• 7 Mar: CEO vows cash flow growth after solid earnings
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Inmarsat – An Example

Let’s say the breakout appeals to you, you think it’s likely to continue towards 524p. You decide to buy exposure to £10,000 worth of Inmarsat using a CFD, at the current price of 451p. To do this, you need £2,000.

Let’s assume the Inmarsat trend continues to highs of 524p (+16.1%). Your profit would be £1610, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. Inmarsat breaks lower, falling 5% and it hits your stop-loss. Your loss would be £500.

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