Imperial Brands reports results on Tuesday, 6 November

• The chart shows the price movement last time Imperial Brands reported: Trading Update, 25 September.
• Shares opened +35p (+1.3%) and went as high as 57.5p (+2.2%, high of the day).
• The shares closed +22.5p (+0.9%) for a daily range of 65.5p or 2.5%.
• Company reported it was on-track to meet FY revenue guidance and that cost savings would top expectations.
• According to brokers at Liberum, Imperial Brands is well-placed to capitalize on rising demand for vapor products.
• Shares -17% from 2018 highs; +15.45% from 2018 lows; -14.6% year-to-date.
• Recent share price range: Oct lows 2492p; Oct highs 2763p. Currently 2700p (at time of writing).
• Imperial Brands publishes FY Results on Tuesday, 6 Nov.
• Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires

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Trading Imperial Brands – An Example

Let’s say you think that Imperial Brands results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Imperial Brands using CFDs, at the current price of 2700p. To do this, you need £2,000.

For the purpose of this example, let’s assume Imperial Brands 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 5% below the current price. Imperial Brands results miss, it falls 5% and hits your stop-loss. Your loss would be £500.

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