St Modwen Properties
Is this an opportunity to take a position ahead of the results?
St Modwen Properties reports H1 Results on Tues, 2 Jul
- Last time St Modwen Properties reported: FY Results, 5 Feb
- Shares rose as much as 3% for a daily range of 3.3%.
- Shares -2% from 2019 highs; +13.7% from 2019 lows; +10.8% year-to-date.
- Currently 439p (at time of writing).
- Will we see another big share price move on Tuesday?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading St Modwen Properties – An Example
Let’s say you think that St Modwen Properties results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of St Modwen Properties using CFDs, at the current price of 439p. To do this, you need £2,000.
For the purpose of this example, let’s assume St Modwen Properties 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% from the current price. St Modwen Properties 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.