G4S
A trading opportunity for you?
Will G4S continue falling, or will it recover to 208p recent highs?
- G4S shares -6% today after results.
- Security contractor’s 2018 profit was flat after California lawsuit settlement.
- Now trades 197p (at time of writing).
- Shares -8% from 2019 highs; +2% from 2019 lows; +0.7% year-to-date.
- Can the stock recover to recent highs?
- Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal
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Trading G4S – An Example
Let’s say you feel that the stock is a bargain and you think could bounce back towards 208p. You decide to buy exposure to £10,000 worth of G4S using a CFD, at the current price of 197p. To do this, you need £2,000.
Let’s assume G4S recovers back to 208p recent highs (+5.5%). Your profit would be £550, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. G4S 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.