How to Read a
Stock Table/Quote
Any financial paper has stock
quotes that will look something like the image below:
Columns 1 & 2: 52-Week Hi and Low - These are the
highest and lowest prices at which a stock has traded over the
previous 52 weeks (one year). This typically does not include
the previous day's trading.
Column 3: Company Name & Type of Stock - This column
lists the name of the company. If there are no special symbols
or letters following the name, it is common stock. Different
symbols imply different classes of shares. For example, "pf"
means the shares are preferred stock.
Column 4: Ticker Symbol - This is the unique alphabetic
name which identifies the stock. If you watch financial TV,
you have seen the ticker tape move across the screen, quoting
the latest prices alongside this symbol. If you are looking
for stock quotes online, you always search for a company by
the ticker symbol. If you don't know what a particular company's
ticker is you can search for it at: http://finance.yahoo.com/l
Column 5: Dividend Per Share - This indicates the annual
dividend payment per share. If this space is blank, the company
does not currently pay out dividends.
Column 6: Dividend Yield - The percentage return on the
dividend. Calculated as annual dividends per share divided by
price per share.
Column 7: Price/Earnings Ratio - This is calculated by
dividing the current stock price by earnings per share from
the last four quarters.
Column 8: Trading Volume - This figure shows the total
number of shares traded for the day, listed in hundreds. To
get the actual number traded, add "00" to the end of the number
listed.
Column 9 & 10: Day High & Low - This indicates
the price range at which the stock has traded at throughout
the day. In other words, these are the maximum and the minimum
prices that people have paid for the stock.
Column 11: Close - The close is the last trading price
recorded when the market closed on the day. If the closing price
is up or down more than 5% than the previous day's close, the
entire listing for that stock is bold-faced. Keep in mind, you
are not guaranteed to get this price if you buy the stock the
next day because the price is constantly changing (even after
the exchange is closed for the day). The close is merely an
indicator of past performance and except in extreme circumstances
serves as a ballpark of what you should expect to pay.
Column 12: Net Change - This is the dollar value change
in the stock price from the previous day's closing price. When
you hear about a stock being "up for the day," it means the
net change was positive.
Quotes on the Internet
Nowadays, it's far more convenient for most to get stock quotes
off the Internet. This method is superior because most sites
update throughout the day and give you more information, news,
charting, research, etc.
To get quotes, simply enter the ticker symbol into the quote
box at Disnat.com or any major financial site like Yahoo Finance, CBS Marketwatch, or MSN Moneycentral.
The example below shows a quote for Microsoft (MSFT) from Disnat.com. Interpreting the data is exactly the same as with the
newspaper.

|