Aveva reports Preliminary Results on Wednesday, 29 May.

• Last time Aveva reported: Trading Update, 18 April.
• The rose 3% for a daily range of 126p or 3.9%.
• Shares -0.4% from 2019 highs; +52.2% from 2019 lows; +42.4% year-to-date.
• Currently 3446p (at time of writing).
• Could we see another big share price move on Thursday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Aveva – An Example

Let’s say you think that Aveva results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Aveva using CFDs, at the current price of 3446p. To do this, you need £2,000.

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