Smiths Group reports first half results on Fri, 22 March

• Last time Smiths Group reported: Q1 Trading Update, 14 Nov.
• The shares closed +5.2% for a daily range of 68.5p or 5.2%.
• Shares -4.5% from 2019 highs; +8.0% from 2019 lows; +5.3% year-to-date.
• Currently 1436p (at time of writing).
• Could we see another big share price move on Friday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

Trading Smiths Group – An Example

Let’s say you think that Smiths 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 Smiths Group using CFDs, at the current price of 1436p. To do this, you need £2,000.

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