A trading opportunity for you?

Will Hays continue falling, or will it rise again back to 210p September highs?

• Hays shares have fallen 25% in the past week to trade 152p (at time of writing).
• Shares -17.5% from 2018 highs; -16.4% year-to-date, currently trading at 2018 lows.
• Recruitment company warned that FX headwinds could hit FY operating profit more than previously expected.
• GBP strength against AUS$ expected to reduce profit by £5m.
• Source: Dow Jones, Bloomberg, FT, Company News

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Trading Hays – An Example

Let’s say you feel that the stock is a bargain and you think it could bounce back to recent highs of 210p. You decide to buy exposure to £10,000 worth of Hays using a CFD, at the current price of 152p. To do this, you need £2,000.

Let’s assume Hays recovers back to 210p (+38%). Your profit would be £3,800, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 10% from the current price. Hays falls 10% and hits your stop-loss. Your loss would be £1,000.

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