GVC issues a Q1 Trading Update on Friday, 5 April

• Last time GVC reported: Q1 Trading Update, 8 Jan.
• The shares posted a daily range of 63p or 9.7%
• Shares -24.8% from 2019 highs; +13.2% from 2019 lows; -15.3% year-to-date.
• Currently 571p (at time of writing).
• Could we see another big share price move on Friday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading GVC  – An Example

Let’s say you think that GVC results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of GVC using CFDs, at the current price of 571p. To do this, you need £2,000.

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