How To Buy Convatec Group Shares

You can buy ConvaTec Group shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy ConvaTec Group shares with a broker like eToro or you can trade ConvaTec Group CFDs with XTB you can begin trading ConvaTec Group shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys ConvaTec Group stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB Plus500 FXPrimus Trading212 AvaTrade
Rating
Used By 12,000,000+ 250,000+ 15,500+ 10,000+ 14,000,000+ 200,000+
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Scroll down to read our indepth article on How To Buy Convatec Group Shares. What you should know, Types of trading ConvaTec Group Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy Convatec Group Shares Table of Contents

ConvaTec Group Financial Details

Financial Details

ConvaTec Group Stock symbol CTEC
ConvaTec Group Sector and Industry Health Care Medical Equipment & Devices
ConvaTec Group Exchange LSE - London Stock Exchange
52 Week High 225.8
52 Week Low 113.25
ConvaTec Group Market Capitalisation 1,797,250.00
ConvaTec Group Average Volume 42,240.00
ConvaTec Group PE 32.3
ConvaTec Group EPS -0.25
Stock Currency

Overview of ConvaTec Group

ConvaTec Group is an British Health Care Medical Equipment & Devices company currently traded on the LSE which fully known as the London Stock Exchange.

ConvaTec Group trades under the stock symbol CTEC on the LSE.

ConvaTec Group shares are exchanged in on the LSE.

ConvaTec Group has a current share price of 208.00 dated 31/01/2020.

The highest ConvaTec Group share price over the last 52 weeks was 225.8 and its lowest price over the last 52 weeks was 113.25 . That is a 52 week price range of 113.25 - 225.8.

ConvaTec Group Trading Volume and PE

ConvaTec Group currently has 6,673,331.00 active shares in circulation traded through the LSE exchange.

ConvaTec Group market capitalization is 1,797,250.00 with an average daily trading volume of 42,240.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

ConvaTec Group has a Price Earning Ratio ( PE ) of 32.3 and earning per share ( EPS ) of -0.25. Generally speaking ConvaTec Group having a high P/E ratio means that ConvaTec Group investors forsee increased growth with ConvaTec Group in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

ConvaTec Group earnings per share is Disney company profit that's allocated to every ConvaTec Group common stock. Earnings per share is calculated by taking the difference between ConvaTec Group's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of ConvaTec Group shares outstanding.

ConvaTec Group Financial Charts

Financial Details

ConvaTec Group Information

ConvaTec Group Location & Contact Information

Address 3 Forbury Place, Forbury Estat Floor 7, 23 Forbury Road Reading, RG1 3JH United Kingdom
Phone Number 44-1244-584-254
Website URL www.convatecgroup.com

ConvaTec Group Executives and Board Members

Chairman Dr John D G McAdam
Chief Executive Officer Karim Bitar
Chief Financial Officer Frank M Schulkes
ConvaTec Group Board Member Dr John D G McAdam
ConvaTec Group Board Member Sten Scheibye
ConvaTec Group Board Member Margaret Ewing

How To Buy Convatec Group Shares Guide

Buying ConvaTec Group Stocks and CFDs

When investing in ConvaTec Group you have several options as to what type of investment you wish to conduct. You can buy traditional ConvaTec Group shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying ConvaTec Group shares with stock brokers and trading ConvaTec Group with CFDs below.

ConvaTec Group CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any ConvaTec Group stock.

If you buy ConvaTec Group shares with a stock broker you actually own a share of ConvaTec Group. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the ConvaTec Group price will change up or down.

Lets explain why you would buy ConvaTec Group as a CFD instead of as a share.

If you went and brought 100 ConvaTec Group shares at $100 a share with a stock broker you own $1000 of ConvaTec Group.

The main difference when trading ConvaTec Group as a CFD and buying ConvaTec Group as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in ConvaTec Group you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in ConvaTec Group. Trading an ConvaTec Group CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an ConvaTec Group CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an ConvaTec Group share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An ConvaTec Group CFD long would be hoping to profit from a rise in the ConvaTec Group share price. An ConvaTec Group CFD short would be aiming to profit from a fall in the ConvaTec Group stock price. Trading CFDs allows traders to profit from both directions of the ConvaTec Group price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional ConvaTec Group shares you can only profit from a rise in the ConvaTec Group stock price.

ConvaTec Group CFD and Stock Market Times

When trading in traditional ConvaTec Group shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying ConvaTec Group Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying ConvaTec Group stock. This limits your risk to your initial amount invested in ConvaTec Group. You can only lose the amount invested with traditional ConvaTec Group shares. Another benefit of buying ConvaTec Group shares with a broker is that you may be eligible to receive ConvaTec Group company dividends if applicable.

If you Invest in ConvaTec Group via a CFD you have no shareholder privileges as you don't actually own any underlying assets in ConvaTec Group. If you buy ConvaTec Group stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these ConvaTec Group benefits as in owning a certain amount of stock for a set period.

If you own shares in ConvaTec Group you may be eligible to voting rights at ConvaTec Group shareholder general meetings.

ConvaTec Group Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in ConvaTec Group Stocks and shares are only exempt from tax if the ConvaTec Group shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade ConvaTec Group Stocks and Shares or ConvaTec Group CFDs?

There are pros and cons to trading in both ConvaTec Group Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in ConvaTec Group stocks and shares is better suited for long term investments. Historically ConvaTec Group shares provide better returns over the long term, usually a 10 year period.

ConvaTec Group CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an ConvaTec Group share investors aim to profit on the fluctuating highs and lows of the ConvaTec Group price throughout the day. Day trading as you can imagine focuses on profiting from the daily ConvaTec Group stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an ConvaTec Group stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an ConvaTec Group share price for example to a known amount.

Example Cost of Buying ConvaTec Group as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

ConvaTec Group CFD trade example ConvaTec Group Share deal example
Market price 208.00 208.00
Broker Deal Invest 41.6 at 1:5 Margin (20%) Buy at 208.00 a share
Deal size 100 shares 100 shares
Initial outlay

4160

(Margin = exposure x 20% margin factor)

20800

(100 shares at 208.00)
Stamp duty No £20
Close price Sell at 249.6 Sell at 249.6
Estimated Profit

(41.6 point increase x 100 shares = 4160)

*Not including commission fees and taxes

(24960 - 20800 = 4160)

*Not including commission fees and taxes
Trade ConvaTec Group CFDs now with XTB Trade ConvaTec Group Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering ConvaTec Group shares and CFDs.

We compare multiple aspects of brokers to help you make a more education decision when investing in ConvaTec Group.