Ferrexpo reports 2018 full year results on Weds, 20 March

• Last time Ferrexpo reported: H1 results, 2 Aug.
• The shares closed -19.8% for a daily range of 42.7p or 21.1%.
• Shares -2.6% from 2019 highs; +55.8% from 2019 lows; +40.1% year-to-date.
• Currently 272p (at time of writing).
• Could we see another big share price move on Wednesday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Ferrexpo – An Example

Let’s say you think that Ferrexpo results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Ferrexpo using CFDs, at the current price of 272p. To do this, you need £2,000.

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