Will William Hill continue falling, or will it recover to 190p recent highs?

• William Hill shares -21% since early March.
• Shares falling since bookmaker reported FY loss and cut dividend.
• Trading close to 148p December lows.
• Now trades 150p (at time of writing).
• Shares -20.8% from 2019 highs; +0.3% from 2019 lows; -2.8% year-to-date.
• Can the stock recover to recent highs?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading William Hill – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 190p. You decide to buy exposure to £10,000 worth of William Hill using a CFD, at the current price of 150p. To do this, you need £2,000.

Let’s assume William Hill recovers back to 190p March highs (+26.6%). Your profit would be £2660, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 8% from the current price. William Hill falls 8% and hits your stop-loss. Your loss would be £800.

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