RBS
Is this an opportunity to take a position ahead of the results?
RBS publishes Q1 Results on Friday, 26 April.
- Last time RBS reported: FY Results, 15 Feb.
- The shares rose as much as 3.3% for a daily range of 10.9p or 4.5%.
- Shares -5.6% from 2019 highs; +23.6% from 2019 lows; +19.5% year-to-date.
- Currently 258p (at time of writing).
- Will we see another big share price move on Friday?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Click to enlarge
Trading RBS – An Example
Let’s say you think that RBS results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of RBS using CFDs, at the current price of 258p. To do this, you need £2,000.
For the purpose of this example, let’s assume RBS 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 5% below the current price. RBS 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.