Trade EAGLE MATERIALS with Fondex

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Trading Conditions
Daily Average Spread: 0
Leverage: 1:10
Lot Size: 1 share
Min Lot Size: 13
Commission: 0.01 USD per Lot
Min Commission: 1 USD

Thinking of trading EAGLE MATERIALS?

    1. Sachem Head would like the company to seek buyers for its cement and wallboard units, which have been better performers. The activist further believes that given Eagle's pristine balance sheet, it is well-positioned to use borrowings to fund an expanded share buyback. 2. Eagle Materials management in January was optimistic that after a calendar 2018 that was plagued by one-off items including unusual weather and a shift in the timing of wallboard price increases, calendar 2019 was poised for improvement. Investors seemed intrigued, with the stock up nearly 20% year to date even before word of Sachem Head's potential involvement was made public.
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Trading CFDs involves significant risk of loss

How would you like to trade EAGLE MATERIALS?

Fondex cTrader features an impressive array of trading tools that can help you analyse the Forex market with efficiency and precision.
  • Tight spreads & reliable execution
  • 70+ pre-installed indicators
  • Custom indicators
  • 26 time frames
  • Live Sentiment data
  • Chart trading
  • Advanced Take Profit & Stop Loss
  • Depth of Market
TRADE MANUALLY

Trading CFDs involves significant risk of loss

Fondex cTrader’s Copy functionality enables you to copy strategies from other traders or provide signals and charge a fee.
  • Vast selection of strategies to copy
  • Efficient risk management
  • Can start and stop copying at your will
  • Flexible allocation of funds
  • Detailed performance reports
  • Full transparency & access to historical data
COPY

Trading CFDs involves significant risk of loss

Use cBots to monitor and trade multiple Forex pairs at the same time. When you use cBots to trade, an algorithm opens and closes your positions without any decision-making on your part.

For beginners:

  • Great choice of available cBots for various trading strategies and risk tolerance levels
  • Simple Plug and Play functionality

For advanced traders:

  • Ability to create your own cBot or custom indicator
AUTOMATE

Trading CFDs involves significant risk of loss

Trade EAGLE MATERIALS with Fondex. Our CFD trading platform is engineered to provide you with optimal execution speed while allowing you to access 3 different trading methods on the same interface.

1. New York hedge fund Sachem Head Capital Management has built a 9% stake in Eagle Materials ahead of a push for divestitures, according to a Bloomberg report. Sachem reportedly wants Eagle to consider divesting its frac-sand business, believing that the unit, which is tied to the oil and gas industry, has depressed Eagle's valuation in recent years. 2. The company's priorities will be to make acquisitions that meet its strict return standards, undertake organic investments that strengthen its low-cost positions, and return cash to investors, mainly via share repurchases.

Risk Disclaimer Fondex provides this content/feature as no more than information. In particular, no advice is intended to be provided or to be relied on as provided nor endorsed by Fondex, nor any solicitation or incentive provided to subscribe for or sell or purchase any financial instrument or to join and/or terminate any of the trading strategies. The Investor is solely responsible for the choice of the signal provider, choice of trading strategy, the choice whether to sell or purchase any financial instrument on his/her trading account and monitoring of the trading activities. All trading or investments you make must be pursuant to your own unprompted and informed self-directed position. Please keep in mind that past performance is no guarantee of future results.

For more information, please view the 'Risk Disclosure'

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