Will Galliford continue falling, or will it recover any of today’s losses?

• Galliford shares fell 25% today after a profits warning
• Now trades 583p (at time of writing)
• Shares -25% from 2019 highs; +3.5% from 2019 lows; -5.9% year-to-date.
• Can the stock recover recent highs of 730p?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Galliford – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 730p. You decide to buy exposure to £10,000 worth of Galliford using a CFD, at the current price of 583p. To do this, you need £2,000.

Let’s assume Galliford recovers back to 730p (+25%). Your profit would be £2500, 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. Galliford 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.