Use the given stock table to find the closing price for ABC Technologies (ABC). 52-Week High 76.63 Net Vol 100s Close Div Yld Chg 1.16 Low Stock SYM Amt PE 44.30 АВСTch ABC 2.71 4.6 17 5915 58.53 The closing price was $
Use the given stock table to find the closing price for ABC Technologies (ABC). 52-Week High 76.63 Net Vol 100s Close Div Yld Chg 1.16 Low Stock SYM Amt PE 44.30 АВСTch ABC 2.71 4.6 17 5915 58.53 The closing price was $
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:**Stock Table Analysis for ABC Technologies**
To determine the closing price for ABC Technologies (ABC), refer to the stock table below:
| 52-Week | High | 76.63 | | Low | 44.30 |
|--------|--------|-------| |------|-------|
| Stock | ABCTch | | SYM | ABC |
| Div Amt | 2.71 | | Yld % | 4.6 |
| PE | 17 | | Vol 100s | 5915 |
| Close | 58.53 | | Net Chg | 1.16 |
**Analysis:**
- **52-Week High/Low**: The highest and lowest prices of the stock in the past year are $76.63 and $44.30, respectively.
- **Stock/SYM**: The stock involved is ABC Technologies, symbolized as ABC.
- **Dividend Amount (Div Amt)**: The dividend payout is $2.71.
- **Dividend Yield (Yld %)**: The yield percentage is 4.6%.
- **Price-to-Earnings Ratio (PE)**: The PE ratio is 17.
- **Volume (Vol 100s)**: The trading volume is 591,500 shares (represented in hundreds).
- **Close**: The closing price for the stock is $58.53.
- **Net Change (Net Chg)**: The net change in the stock price is $1.16.
**Conclusion:**
The closing price was **$58.53**.
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