United Utilities reports a FY Trading Update on Tue, 26 Mar

• Last time United Utilities reported: FY Results, 21 Nov.
• The shares closed +2% for a daily range of 40.4p or 5.3%.
• Shares -1.8% from 2019 highs; +19.9% from 2019 lows; +17.3% year-to-date.
• Currently 863p (at time of writing).
• Could we see another big share price move on Tuesday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading United Utilities – An Example

Let’s say you think that United Utilities results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of United Utilities using CFDs, at the current price of 863p. To do this, you need £2,000.

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