Compass Group reports results on Tues, 20 November

• The chart shows the price movement last time Compass Group reported: Trading Update, 26 July.
• Shares opened -34.5p (-2.1%) and fell as low as -58p (-3.5%, low of the day).
• The shares closed -37.5p (-2.3%) for a daily range of 34.5p or 2.1%.
• Shares -7.8% from 2018 highs; +13.6% from 2018 lows; flat year-to-date.
• Recent share price range: Oct highs 1715p; Oct lows 1469p. Currently 1587p (at time of writing).
• Compass Group is a foodservice and catering contractor.
• Compass Group publishes Full-year Results on Tues, 20 Nov.
• Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires

Click to enlarge

Trading Compass Group – An Example

Let’s say you think that Compass Group results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Compass Group using CFDs, at the current price of 1587p. To do this, you need £2,000.

For the purpose of this example, let’s assume Compass Group 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 3% below the current price. Compass Group 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.