Stock Market Starter
This lesson will introduce you to some of the fundamental terms used in following the daily prices of stocks. You will be using an online stock quote server, Money Quick Quotes, to get up to date information on companies and their stocks. First you will need to be familiar with terms used in reporting stock activities: (Please print this page at this time.)
- TICKER SYMBOL: a short letter code which represents the name of a company (AMGN, ABT, FS, etc.)
- QUOTE: the price of one share of stock, usually expressed as a mixed number (12 1/2 = $12.50, 56 3/8 = $56.375 Å $56.38)
- OPEN: the price of one share of stock at the beginning of the day
- LAST: The price of one share of stock now
- CHANGE: the increase or decrease in the price of a stock since the start of the day
- HIGH: the highest price today
- LOW: the lowest price today
- ASK: the price that a seller of the stock would like to get right now
- BID: the price that a buyer of the stock is willing to pay right now
- 52 WEEK HIGH: the highest price of the stock in the last year
- 52 WEEK LOW: the lowest price of the stock in the last year
- VOLUME: the number of shares of stock traded (bought or sold) since the start of the current day
- EARN/SHR:the amount of profit the company has earned for each share of stock (The company may or may not share the profit with the owners of the stocks.)
- DIV/SHR: the dividend per share (the amount of profit per share that the company actually pays the owners of the stocks)
Go to the quote server, Money Quick Quotes, at this time and use it to get the information needed to fill in the chart on your printed copy of this page. Notice that you can use tte symbol if you know it, or you can get the symbol if you know the company name.
- Use your filled in chart to answer these questions:
- 1. Which stocks have increased in value today?
- 2. What is the price of the most expensive stock now?
- 3. What is the current price of one share of Chrysler stock now?
- 4. How much would you have to pay for 50 shares of Coca Cola now?
- 5. If you bought 100 shares of Disney at today's low and sold it at today's high, how much money would you earn? (Show your work.)
- 6. Which stock has had the greatest change in value today?
- 7. How many share of Sony could you buy with $1000 at the current price?
- 8. Why do you think the prices of stocks change throughout the day and from day to day?
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