Will Beazley turn, or will it continue to rise towards 621p May highs?

• Shares +15% from March lows; Now 578p (at the time of writing).
• Will the positive momentum take them to May 2018 highs of 621p?
• Shares -0.3% from 2019 highs; +18.8% from 2019 lows; +14.8% year-to-date.
• 11 Apr: Beazley better value than Hiscox says Berenberg
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Beazley – An Example

Let’s say the trend appeals to you, you think it’s likely to continue. You decide to buy exposure to £10,000 worth of Beazley using a CFD, at the current price of 578p. To do this, you need £2,000.

Let’s assume the Beazley trend continues to last May’s highs of 621p (+7.4%). Your profit would be £740, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. Beazley falls 3% and hits your stop-loss. Your loss would be £300.

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