FirstGroup reports FY Results on Thursday, 30 May.

• Last time FirstGroup reported: Trading Update, 19 Feb.
• The shares rose as much as 6.9% for a daily range of 5.2p or 5.7%.
• Shares -8.8% from 2019 highs; +33.7% from 2019 lows; +31.1% year-to-date.
• Currently 109.3p (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 FirstGroup – An Example

Let’s say you think that FirstGroup results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of FirstGroup using CFDs, at the current price of 109.3p. To do this, you need £2,000.

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