Will Kier Group continue falling, or will it recover to 515p recent highs?

• Kier Group shares -14% from recent highs; -7.6% today after weak results
• Shares falling after construction group reported a £39m charge on waste contract
• Now trades 447p (at time of writing).
• Shares -17.7% from 2019 highs; +15.7% from 2019 lows; +10.4% year-to-date.
• Can the stock recover to recent highs?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Kier Group – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 515p recent highs. You decide to buy exposure to £10,000 worth of Kier Group using a CFD, at the current price of 447p. To do this, you need £2,000.

Let’s assume Kier Group recovers back to 515p recent highs (+15.2%). Your profit would be £1520, 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. Kier Group falls 5% and hits your stop-loss. Your loss would be £500.

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