The price of a stock is largely influenced by supply and demand. When more people want to buy a stock, the price goes _______ . By contrast, when more people want to sell a stock, the price goes_________ .
The price of a stock is largely influenced by supply and demand. When more people want to buy a stock, the price goes _______ . By contrast, when more people want to sell a stock, the price goes_________ .
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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13. Stock quotes - Looking up a stock price
The price of a stock is largely influenced by supply and demand . When more people want to buy a stock, the price goes _______ . By contrast, when more people want to sell a stock, the price goes_________ .
You can look up the current price for a stock, and other important numerical measures, by searching for the company (or the stock’s trading symbol) on popular financial or investing websites. Many newspapers also publish abbreviated information in the financial section for many common stocks, bonds, and mutual funds.
The following table represents the format of typical price quotes for various stocks that would appear in the financial section of a newspaper:
YTD
|
52 WEEKS
|
|
|
|
YLD
|
|
VOL
|
|
NET
|
|
---|---|---|---|---|---|---|---|---|---|---|
% CHG
|
HI
|
LO
|
STOCK (SYM)
|
DIV
|
%
|
PE
|
100S
|
LAST
|
CNG
|
|
+9.25 | 56.31 | 39.04 | Global Communications | GC | 0.36 | 0.72 | 23.17 | 58093 | 50.06 | +1.82 |
+18.87 | 48.57 | 36.55 | GermCorp | GERM | 0.14 | 0.30 | 20.48 | 8134 | 47.05 | –1.94 |
–33.75 | 20.81 | 10.68 | Gold Locator Co. | GLC | 0.50 | 4.08 | 12.08 | 15423 | 12.25 | –1.96 |
+11.68 | 38.34 | 27.62 | Gummy Worms Inc. | GW | 0.23 | 0.65 | 15.18 | 23361 | 35.31 | –0.16 |
The abbreviated trading symbol for Global Communications stock is_________ .
The price of the final trade of Global Communications stock before the market closed on the previous day is $____.
Enter all values as positive.
Since the close of market on the previous day, the price of Global Communications stock ______by $_____.
In the past year, the price of Global Communications stock reached a maximum price of $_______and a minimum price of $_______
.
Enter all values as positive.
Since January 1 of the current calendar year, the price of Global Communications stock has ______by_______%.
Based on the previous quarterly dividend issued by Global Communications, the estimated annual dividend amount for Global Communications is $________. Expressed as a percentage of dividend income, the yield of Global Communications stock (to two decimal places) is________%.
According to the provided stock quote table, the number of individual shares of Global Communications stock that were traded on that day was________.
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