Kier Group
A trading opportunity for you?
Will Kier Group continue falling, or will it recover June highs of 200p (+78%)?
- Shares -44% from June highs; Now trading 112p (at time of writing)
- Shares -79.4% from 2019 highs; +9% from 2019 lows; -72% year-to-date.
- Can the stock recover June highs of 200p (+78%)?
- Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal
Trading Kier Group – An Example
Let’s say you feel that the stock is a bargain and you think could bounce back towards 200p highs. You decide to buy exposure to £10,000 worth of Kier using a CFD, at the current price of 112p. To do this, you need £2,000.
Let’s assume Kier recovers back to 200p highs (+78%). Your profit would be £7800, 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 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.