Finance stock quotes can help you understand the world of the stock market. Each day, thousands of companies are traded on two different stock markets, the New York Stock Exchange and the NASDAQ index. Both markets drew nationwide attention in the fall of 2008 when millions of dollars were lost in a matter of days when the markets collapsed. Understandably, many people are nervous about putting their money into the stock market. However, it can still be a good investment if you keep on top of the finance stock quotes.
Finance stock quotes convey information about the current price of a stock at any given time. These quotes are used to buy, sell and trade stocks while the markets are open. Each day each company has an opening stock price (when the markets open in the morning) and a closing stock price (when the markets close at the end of the day).
Stock quotes offer information about a stock that is the easiest way to see how a company is doing financially. Stock quotes are normally displayed as fractions or decimals. In addition to being used for companies, quotes are also used to evaluate futures, options and forex currencies.
There are various types of financial stock quotes. For most traders, delayed stock quotes work perfectly fine. These are provided for free online by journals, institutions and company websites. These quotes are about 15 to 20 minutes behind what is actually happening on the trading floor. For large volume traders, real-time stock quotes are essential. These are provided through subscription websites are normally on a minute delay. Live streaming stock quotes are used by day traders who watch for tiny changes in the price of a stock.
Using stock quotes can help you evaluate your investments. You can also use them to learn more about the way that the markets work. A good way to train yourself is to pick a particular stock and watch how it performs over the course of several months. There are even mock stock markets where you can “buy” and “sell” pretend stocks based on the real figures. This can be a great way to learn about the stock market and prepare yourself for buying real stocks in the future.
There are several special formats that are used to convey stock information. You’ll need to find the abbreviated name of the company you’re interested in. It will be in the third column of the stock page. The stock pages will also list the 52-week high (Hi) and the 52-week low (Low) in the first and second column. These figures tell you how high and how low the stock has been traded in the last year.
Next, you’ll see the ticker symbol which is an abbreviation of the company’s name used on the trading floor and on the stock market ticker. For example, Google is abbreviated as GOOG and Toyota Motors is TM. The dividend and yield are in the fifth and six columns. The Div is the amount of money that would be paid to shareholders yearly based on the most recent payment. Yid is the cash dividend divided by the closing price of the stock.
However, the most important column for reading the financial stock quote is the last two columns, the “close” and the “net chg.” The close is the price that the stock closed for the day. The “net chg” is the change from the day before. Keep your eye on these figures and you’ll be able to read finance stock quote. You may also click here for a full overview.