A trading opportunity for you?

Will Smiths Group continue falling, or will it rise again back to 1,658p September highs?

• The price has fallen close to 7% in one week.
• Shares are down over 12% from 2018 highs, +17.5% from 2018 lows, -2.5% year-to-date.
• Reported FY profits were down, with revenues at lower end of expectations.
• Recently Smiths Group cancelled talks for sale of Smiths Medical division.
• Now selling Smiths Medical bottling business separately, slowing down the process.
• It has been as high as 1,658p in September, and as low as 1,433p. It is now at 1,453p.

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Trading Smiths Group – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 1,658 September highs again. You decide to buy exposure to £10,000 worth of Smiths Group using a CFD, at the current price of 1,453p. To do this, you need £2,000.

Let’s assume Smiths Group recovers back to 1,658p. Your profit would be £1,410, 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. Smiths Group 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.