Sage Group
A trading opportunity for you?
Will Sage Group continue falling, or will it rise again back to 591p September highs?
- Sage Group shares have fallen 8.6% in the past week to trade 530p (at time of writing)
- Shares -32.7% from 2018 highs; +3.5% 2018 lows; -33.5% year-to-date
- Shares have fallen after broker Barclays downgraded the shares to Underweight and cut target to 495p
- Source: Dow Jones, Bloomberg, FT, Company News
Trading Sage Group – An Example
Let’s say you feel that the stock is a bargain and you think it could bounce back to recent highs of 591p. You decide to buy exposure to £10,000 worth of Sage Group using a CFD, at the current price of 530p. To do this, you need £2,000.
Let’s assume Sage Group recovers back to 591p (+11.5%). Your profit would be £1,150, 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. Sage Group 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.