Dignity reports results on Monday, 12 November

• The chart shows the price movement last time Dignity reported: H1 Results, 1 August.
• Shares opened +38p (+3.8%), traded as high as +107p (10.6%), then fell back to +25p (+2.5%, low of the day).
• The shares closed +39p (+3.9%) for a daily range of 82p or 8.1%.
• Funeral provider’s H1 profit was better than expected and a cost-savings programme targeting £8m helped reassure investors.
• Shares -45.2% from 2018 highs; +44.8% from 2018 lows; -43.3% year-to-date.
• Recent share price range: Nov lows 993p; Nov highs 1125p. Currently 1032p (at time of writing).
• Dignity publishes Q3 Results on Monday, 12 Nov.
• Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires

Click to enlarge

Trading Dignity – An Example

Let’s say you think that Dignity results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Dignity using CFDs, at the current price of 1032p. To do this, you need £2,000.

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