Will Kier Group continue falling, or will it recover Apr/May highs of 382p?

• Kier Group -26% from Apr/may highs
• Now trading 282p (at time of writing)
• Shares -48.4% from 2019 highs; +1.2% from 2019 lows; -30.7% year-to-date.
• Can the stock recover Apr/May highs of 382p?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

Click to enlarge

Trading Kier Group – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 382p highs. You decide to buy exposure to £10,000 worth of Kier Group using a CFD, at the current price of 282p. To do this, you need £2,000.

Let’s assume Kier Group recovers back to 382p highs (+35%). Your profit would be £3500, 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. Kier Group 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.