CRH reports results on Tues, 20 November

• The chart shows the price movement last time CRH reported: H1 Results, 23 Aug.
• Shares opened +29p (+1.1%), traded as highs as +97p (+3.7%), but dropped as lows as -32p (-1.2%).
• The shares closed -19p (-0.7%) for a daily range of 129p or 5.0%.
• Shares -22.3% from 2018 highs; +8.7% from 2018 lows; -15.6% year-to-date.
• On 23 Aug: CRH said it “expects improvement in Europe momentum in H1, further profits growth in US”
• Recent share price range: Nov highs 2375p; Oct lows 2070p. Currently 2243p (at time of writing).
• CRH publishes a Q3 Trading Update on Tues, 20 Nov.
• Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires

Click to enlarge

Trading CRH – An Example

Let’s say you think that CRH results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of CRH using CFDs, at the current price of 2243p. To do this, you need £2,000.

For the purpose of this example, let’s assume CRH reports strong results and the shares rise 10%. Your profit would be £1,000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 3% below the current price. CRH results miss, it 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.