The business reporter sometimes has to check the current price or the dividend of a stock listed on one of the exchanges. Here is a guide to understanding the listings on the New York Stock Exchange. High | Low | Stock | Div | Yld | P-E Ratio | 45.90A | 30.00 | AllstateB | .76 | 2.3 | 17 | 31.42 | 14.70 | FordM | .60C | 3.7D | 46 | 70.02 | 50.25 | Gannett | .92 | 1.4 | 20E | 63.80 | 44.13 | KnightR | 1.00 | 1.7 | 35 |
Stock | Sales 100s | High | Low | Close | Net Chg. | AllstateB | 24190 | 33.05 | 32.51 | 32.80 | -0.30 | FordM | 65835 | 16.74 | 16.06 | 16.06 | -0.81 | Gannett | 4376F | 65.57 | 64.80 | 65.00 | -0.30 | KnightR | 2723 | 60.00G | 58.51 | 59.59H | +0.64 |
- The highest and the lowest price the stock has sold for in the past 52 weeks.
- Name of the corporation that lists the stock. The stock is common stock unless otherwise listed.
- The annual dividend. When a letter follows the number consult the box at the bottom of the stock table.
- Yield, the dividend paid by the company expressed as a percentage of the current price of the stock. A stock that sells for $50 at the current market price and pays a dividend of $2 a year has a yield of 4 percent. In the example of the Ford Motor Company, the dividend of $.60 divided by the closing price of $16.06 results in the yield percentage of 3.7.
- The price-earnings ratio is figured by dividing the price of a share of the stock by the earnings per share over a 12-month period. The earnings per share are not shown in this table. Gannett's earnings for the period reflected in the table was $3.25. We divide the closing price of $65 by the earnings per share of $3.25: 65 ÷ 3.25 = 20.
- The number of shares traded this day in the 100s. Here, 437,600 shares of Gannett stock were traded.
- The highest and lowest prices the stock was traded for during the day's trading.
- The closing price at the end of trading and the difference the closing price was from the closing price of the previous day.
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