GB Group reports results on Tue, 27 November

• The chart shows the price movement last time GB Group reported: Trading Update, 25 Oct
• GB Group is provides electronic ID solutions.
• Shares opened -9p (-1.8%, low of the day) went as low as -57p (-11.2%).
• The shares closed -27p (-5.3%) for a daily range of 48p or 9.4%.
• Shares -30.1% from 2018 highs; +16.8% from 2018 lows; +3.3% year-to-date.
• Currently 449p (at time of writing).
• GB Group reports H1 Results on Tue, 27 Nov.
• Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires

Click to enlarge

Trading GB Group – An Example

Let’s say you think that GB 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 GB Group using CFDs, at the current price of 449p. To do this, you need £2,000.

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