Will Dignity continue falling, or will it rise again back to 727p April highs?

• Dignity share price has fallen 14.3% since April highs.
• Now trading at 629p (at the time of writing).
• Shares are down over -17.7% from 2019 highs, +1% from 2019 lows, -9.6% year-to-date.
• 13 May: Dignity Sees 1Q Underlying Profit Down 42% Due to Fewer Deaths
• Can the shares regain April highs of 727p highs?
• Source: Bloomberg, FT, Reuters, DJ Newswires

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Trading Dignity – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 727p. You decide to buy exposure to £10,000 worth of Dignity using a CFD, at the current price of 629p. To do this, you need £2,000.

Let’s assume Dignity recovers back to April highs of 727p (+15.5%). Your profit would be £1550, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. Dignity falls 5% and hits your stop-loss. Your loss would be £500.

This is provided for information purposes only. It should not be taken as a recommendation.