Will Rotork continue falling, or will it rise again back to 313p November highs?

• Industrial and manufacturing company’s shares have fallen over 14% in the past 2 weeks.
• Currently trading at 250p (at the time of writing).
• Shares are down over -30.5% from 2018 highs, +1.5% from 2018 lows, -5.9% year-to-date.
• 22 Nov: Rotork reported that Q3 revenue rose 8.4%, but order intake declined.
• Can the shares regain recent highs?
• Source: Bloomberg, FT, Reuters, DJ Newswires

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Trading Rotork – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards November high of 313p. You decide to buy exposure to £10,000 worth of Rotork  using a CFD, at the current price of 250p. To do this, you need £2,000.

Let’s assume Rotork  recovers back to 313p (+25.2%). Your profit would be £2520, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 8% from the current price. Rotork  falls 8% and hits your stop-loss. Your loss would be £800.

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