Evraz publishes a Q1 Trading Update on Monday, 29 April.

• Last time Evraz reported: Q4 Update, 31 Jan.
• The shares rose as much as 3.3% for a daily range of 15.4p or 3.2%.
• Shares -4% from 2019 highs; +48.6% from 2019 lows; +34.7% year-to-date.
• Currently 647p (at time of writing).
• Will we see another big share price move on Monday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Evraz – An Example

Let’s say you think that Evraz results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Evraz using CFDs, at the current price of 647p. To do this, you need £2,000.

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