Hunting
A trading opportunity for you?
Will Hunting continue falling, or will it recover to 574p?
- Shares -21% from recent highs; Now trading 525p (at time of writing).
- Can the stock recover to recent 574p highs?
- Shares -20% from 2019 highs; +14% from 2019 lows; -9.5% year-to-date.
- 17 Apr: Q1 underlying Ebitda in line with targets
- Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal
Trading Hunting – An Example
Let’s say you feel that the stock is a bargain and you think could bounce back towards 574p. You decide to buy exposure to £10,000 worth of Hunting using a CFD, at the current price of 525p. To do this, you need £2,000.
Let’s assume Hunting recovers back to 574p (+9.3%). Your profit would be £930, 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. Hunting 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.