Morrison Spread Betting
Where Can I Spread Bet on Morrison?
At the moment, you can speculate without paying any commissions on Morrisons by opening an account with the following spread betting firms:
|Broker Ratings - Sponsored by IG
The following table takes the last 5 broker ratings/recommendations and gives a quick overview of the average target share price and creates an average broker rating for Morrison:
|19-Jan-15 ||Sell ||Based on last 5 Ratings ||194.5 ||157 ||-19.28%|
A look at the latest Morrison broker ratings:
|19-Jan-15||Underperform||Sanford C. Bernstein & Co||194.5||140||-28.00%|
|15-Dec-14||Underperform||Sanford C. Bernstein & Co||170||140||-17.60%|
|14-Nov-14||Underperform||Sanford C. Bernstein & Co||177.8||140||-21.30%|
|17-Oct-14||Underperform||Sanford C. Bernstein & Co||157||140||-10.80%|
|18-Sep-14||Underperform||Sanford C. Bernstein||176.8||140||-20.80%|
|08-Sep-14||Underperform||Sanford C. Bernstein & Co||171||140||-18.10%|
|05-Sep-14||Market Perform||Sanford C. Bernstein & Co||173.8||180||3.60%|
|25-Jul-14||Market Perform||Sanford C. Bernstein & Co||173.3||180||3.90%|
For the latest UK broker ratings see Daily Trading Tips.
Where Can I Find Live Spread Betting Prices and Charts for Morrison?
The real time CFDs chart below will give you a helpful view of the Morrisons share price.
The above chart is from Plus500 and typically uses the Morrisons futures contract (not the spot price).
Should you want to access real time financial spread betting charts/prices for Morrisons, you will probably require a spread betting account.
A spreads account will also let you have access to the short term daily prices. Users should note that accounts are normally dependent on suitability, credit and status checks.
Should your application be accepted, you can log on and look at the real-time charts and prices. On most platforms, these are provided as part of the service, however, you're likely to get the occasional letter and/or call from your chosen spread betting firm.
If you decide to trade then you should remember that financial spread trading and contracts for difference involve a high degree of risk to your funds and losses could exceed your initial deposit.
See below for more on advanced Morrisons charts.
Morrison (Wm) Supermarkets Analysis & News
Morrison (Wm) Supermarkets Share Price Update:
The share price is currently trading higher than the 20 DMA of 184.5p and higher than the 50 DMA of 180.7p.
- Current Price(i): 198.3p
- Closing Price: 199.1p
- 1 Day Change: Up 0.81%
- 5 Day Change: Up 3.32%
Long-Term MRW.L Data
Price data from Google Finance. Also see Live MRW.L Share Price & Charts and About Morrison (Wm) Supermarkets for more information.
- 52 Week High: 250.0p
- 52 Week Low: 150.6p
- EPS(i): -£0.14
- PE Ratio(i): -
- Volume / Average Volume(i): 0.270m / 12.100m
- Market Cap(i): £4,630m
- Shares Outstanding(i): 2,335m
Update by Jenna Cutly, Editor,
Morrisons Jumps as the CEO Falls on His Sword
Shares in the supermarket rose strongly on the announcement CEO Dalton Phillips is stepping down in March after the announcement of full-year results.
Like for like sales fell less than expected and were better than last Christmas but it was Morrisons' underperformance when compared with Tescos, Asda and Sainsburys that proved Phillips' undoing.
Looking through Morrison's position at the bottom of the top four in sales performance, there is some hope for the supermarket going forward.
Morrisons' smaller footprint and overall size makes it more nimble than the others.
Morrisons' was late to the party with the introduction of its loyalty card, online shopping as well as building convenience stores but the price cuts introduced position it well to build these up substantially in 2015.
Update by Jasper Lawler, Market Analyst,
||[10:24am] Morrison's Slumps on 50% Slash to Forecasts
Today is another one to forget for Morrison's shareholders, with the stock down 8% after another profit warning saw another wave of investors drop their stock.
Underlying pre-tax profit forecasts have been slashed to half of prior analyst expectations and after today's move the Supermarket has now shed a quarter of its value in the last 6 months.
Rumours were rife in February about a private equity buyout backed by the founding family, and if they did indeed have any intentions to bid, a sharp move lower may signal an opportunity.
Update by Toby Morris, Senior Sales Trader,
||[10:40am] Morrissons shares spiked 5% on the opening bell as rumours of a potential buyout did the rounds.
The founding family, who currently own 10% of the company, are said to be tabling a bid and have already approached a number of private equity firms to partner the move.
Morrison's has a current market cap of over £5.5bn but has underperformed peers in recent months, with Christmas sales tumbling 5.6% and the stock on a steady decline since last September.
Update by Toby Morris, Senior Sales Trader,
||[10:05am] Morrison +3.30%
Morrison’s has today reported it may sell up to 10% of its properties after revealing disappointing figures over the festive period. The plan to sell off part of its £9bn property portfolio has resulted in shareholders warning it is incredibly dangerous to do so. At present, Morrison’s owns 90% of its properties which are worth £9bn.
Update by Sam Fox, Trader,
||[10:25am] Morrison -5.53%
The supermarket chain has today revealed full-year profit will be affected by customer spending cuts throughout the festive period and have said it will be at the lower end of market expectations.
During the six weeks to 5 Jan, total sales (exc. fuel) dropped by 1.9%. Like-for-like sales (exc. fuel) also dropped 5.6%.
Chief Executive Dalton Phillips has said: "In a very tough market our sales performance over Christmas was disappointing. However we are firmly focused on driving our core business and accelerating our penetration of the fast growing channels".
Update by Sam Fox, Trader,
Questor Tips Morrisons Shares
According to the Questor column, “the supermarket has fallen behind in terms of online capability and was slow to adopt the local mini store format but that looks priced into shares.
“With plans to address both those issues in the next 2 months, it remains a solid defensive option. The slump in third quarter like for like sales of 2.4% was worse than even the most pessimistic of City scribblers expected.
“The retailer expects like-for-like sales to increase in the final quarter of the year, which would suggest that they have already had something of a recovery throughout October.
“Management confirmed that the first online food deliveries will begin in Warwickshire in January 2014 and expects to deliver to more than half of its UK customers by the end of 2014.
“With disposable incomes feeling the squeeze, general retailing is a very difficult place to be right now. However, for investors it offers very defensive returns. Morrisons shares have traded within a range of about 250-300p for the past 5 years. The company pays a dividend with a forecast yield of 4.7%, which is expected to rise 10% in the next two years. The forecast dividend is covered 1.9 times by earnings and almost twice by free cash flow, making it relatively secure. Wm Morrison at 280p-1. Questor Says BUY”
For full details see Telegraph.co.uk.
Update by Gordon Childs, Editor,
||[10:22am] Morrisons +3.9%
Despite seeing profits slump after like-for-like sales dropped 1.6%, Morrisons has registered the most impressive gains within the FTSE 100 during this morning’s session. Underlying profit was down 10% to £401m (2012/13: £445m) whilst underlying earnings per share were down 2% to 12.86p (2012/13: 13.09p). Morrisons have moved by upping the interim dividend by 10 percent to 3.84p.
Update by Max Cohen, Trader,
About Morrison (Wm) Supermarkets
Advanced Charts for Morrisons Shares
Although the specific charting packages normally vary between platforms, in order to aid your trading decisions, the charts generally have features that include:
Charts provided by InterTrader also have advanced features, including:
- A number of different intervals e.g. 30 minutes, 4 hours, 1 month and so on
- A variety of views e.g. candle charts and OHLC charts
- Tools for drawing and adding features e.g. Trendlines, Fibonacci Arcs, Time Zones and Fans
Example equity trading chart from FinancialSpreads.com
- Custom Indicators, Back Testing and Analysis tools
- Important overlays e.g. EMA, Ichimoku Clouds, Wilder's Smoothing and so on
- Technical indicator charts e.g. Chaikin Volatility, MACD, CCI and so on
- Automated email alerts when a market hits a given level
The companies listed below provide their users with real-time trading charts/prices:
Where Can I Spread Bet on Morrison for Free?
Speculating on the financial markets does involve risk, but if you'd like to open a (free) Demo Account, which lets you try financial spread betting, please see below for further details.
When deciding which trading option might work for you, don't forget that in the UK, spread trading is currently free of stamp duty, capital gains tax and income tax*.
If you're trying to find a low cost spread trading site, keep in mind that you can speculate on Morrisons with no brokers' fees through providers such as:
If you'd like to open a free Demo Account where you are able to get to grips with online spread betting, including markets such as Morrisons, then you could take a look at:
Each of the above currently provide a risk free Practice Account that allows users to practice with trading orders, study charts and try out trading ideas.
How to Spread Bet on Morrison?
Should an investor decide to speculate on companies like Morrisons then one possibility could be spread betting on the Morrisons share price.
Looking at a platform like Inter Trader, we can see they have priced the Morrisons Rolling Daily market at 269.6p - 270.1p. This means you can put a spread bet on the Morrisons share price:
Rising above 270.1p, or
Falling below 269.6p
Whilst spread trading on FTSE 350 equities you trade in £x per penny. So, if you choose to invest £3 per penny and the Morrisons share price changes by 39p then that would be a difference to your profit/loss of £117. £3 per penny x 39p = £117.
Rolling Daily Equities Markets
One important thing to note is that this is a Rolling Daily Market and so unlike a futures market, there is no settlement date. If you leave your position open at the end of the day, it just rolls over to the next day.
If your position does roll over and you are speculating on the market to:
Go up - then you are charged a small overnight financing fee, or
Go down - then a small payment is normally credited to your account
You can learn more in our feature Rolling Daily Spread Betting.
Morrisons Rolling Daily - Equities Spread Trading Example
If we take the above spread of 269.6p - 270.1p and make the assumptions that:
Then you might go long of the market at 270.1p and risk, for the sake of argument, £10 per penny.
- You've done your market research, and
- You think that the Morrisons shares look like they will rise above 270.1p
With such a bet you win £10 for every penny that the Morrisons shares increase and go higher than 270.1p. On the other hand, you will lose £10 for every penny that the Morrisons market falls below 270.1p.
Thinking of this in a slightly different way, if you buy a spread bet then your profits (or losses) are calculated by taking the difference between the closing price of the market and the initial price you bought the spread at. You then multiply that price difference by the stake.
As a result, if after a few hours the shares started to move upwards then you could choose to close your trade and therefore guarantee your profits.
As an example, should the market rise, the spread, set by the spread betting company, could change to 279.6p - 280.1p. You would close your trade by selling at 279.6p. Therefore, with the same £10 stake this trade would make you a profit of:
P&L = (Settlement Price - Initial Price) x stake
P&L = (279.6p - 270.1p) x £10 per penny stake
P&L = 9.5p x £10 per penny stake
P&L = £95.00 profit
Speculating on equities is not easy. In this case, you had bet that the share price would rise. Of course, it might fall.
If the Morrisons share price began to fall then you might decide to settle/close your spread bet in order to limit your losses.
So if the market fell to 259.3p - 259.8p then this means you would settle/close your trade by selling at 259.3p. If so, this would result in a loss of:
P&L = (Settlement Price - Initial Price) x stake
P&L = (259.3p - 270.1p) x £10 per penny stake
P&L = -10.8p x £10 per penny stake
P&L = -£108.00 loss
Note: Morrisons Rolling Daily market quoted as of 15-Mar-13.
Morrison Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on Morrison with
'Morrison Spread Betting' edited by Jenna Cutly, updated 26-Jan-15
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