Rentokil publishes a Q1 Trading Update on Thurs, 18 Apr

• Last time Rentokil reported: FY Results, 28 Feb.
• The shares rose as much as 8.4% for a daily range of 17.2p or 5.2%.
• Shares -0.0% from 2019 highs; +14.3% from 2019 lows; +9.9% year-to-date.
• Currently 370p (at time of writing).
• Will we see another big share price move on Thursday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Rentokil – An Example

Let’s say you think that Rentokil results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Rentokil using CFDs, at the current price of 370p. To do this, you need £2,000.

For the purpose of this example, let’s assume Rentokil reports strong results and the shares rise 10%. Your profit would be £1,000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 5% below the current price. Rentokil results miss, it 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.