Mediclinic
Is this an opportunity to take a position ahead of the results?
Mediclinic reports Full Year Results on Thursday, 23 May.
- Last time Mediclinic reported: Full Year Trading, 17 April.
- The shares closed +11.6% for a daily range of 28.9p or 9.5%.
- Shares -6.8% from 2019 highs; +13.4% from 2019 lows; +3% year-to-date.
- Currently 332p (at time of writing).
- Could we see another big share price move on Thurssday?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Mediclinic – An Example
Let’s say you think that Mediclinic results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Mediclinic using CFDs, at the current price of 332p. To do this, you need £2,000.
For the purpose of this example, let’s assume Mediclinic 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. Mediclinic 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.