Clarkson
Is this an opportunity to take a position ahead of the results?
Clarkson reports FY Results on Monday, 11 Mar
- Last time Clarkson reported: Trading Update, 8 Jan.
- The shares closed +4.0% for a daily range of 95p or 4.2%.
- Shares -4.7% from 2019 highs; +38.1% from 2019 lows; +35.4% year-to-date.
- Currently 2572p (at time of writing).
- Could we see another big share price move on Monday?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Clarkson – An Example
Let’s say you think that Clarkson results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Clarkson using CFDs, at the current price of 2572p. To do this, you need £2,000.
For the purpose of this example, let’s assume Clarkson 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. Clarkson 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.