Micro Focus reports Half Year Results on Tuesday, 9 July

• Last time Micro Focus reported: Trading Update, 16 May
• The shares rose as much as 2.5% for a daily range of 4.2%.
• Shares -1.5% from 2019 highs; +61.5% from 2019 lows; +54.7% year-to-date.
• Currently 2140p (at time of writing).
• Could we see another big share price move on Tuesday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Micro Focus – An Example

Let’s say you think that Micro Focus results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Micro Focus using CFDs, at the current price of 2140p. To do this, you need £2,000.

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