Victrex publishes H1 Results on Monday, 13 May

• Last time Victrex reported: Q1 Trading, 6 Feb.
• The shares rose as much as 2.7% on the day; daily range 246p or 10.5%.
• Shares -12.5% from 2019 highs; +6.9% from 2019 lows; -2.8% year-to-date.
• Currently 2225p (at time of writing).
• Will we see another big share price move on Monday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Victrex – An Example

Let’s say you think that Victrex results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Victrex using CFDs, at the current price of 2225p. To do this, you need £2,000.

For the purpose of this example, let’s assume Victrex 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% below the current price. Victrex 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.