The stock market is the only place of its kind where anyone can come with a fist full of cash, utilize it using his wits and expertise and can turn that money into a million dollar game. In all this process, researching on stocks and reviewing their quotes carefully plays the major role. Now here, a neophyte may ask, “What is stock quote”.
In alluring or warning tone, it may be said that stock quote or stock market quote is a reflection of the net worth of an investment and has an important role to play while we take our decisions related to stocks that we want to buy or sell. Generally, all the websites dealing in stocks, stock market and especially financial sector have a specialized tool of stock market quotes. Every tool of this type provide the users with their very own stock market quotes calculated by them and mind you again that your profit or loss depends a lot on stock market quotes.
In easier way the term “stock market quote” may be understood as the cost on which a broker and you decide to make a deal or buy and sell some number of shares. Generally a stock market quote is classified into portfolios. To get a quote on stock market, you only have to do is the put the ticker symbol in to the space provided on the website and click the “Go” button. In case the condition arises where you do not know the ticker symbol of the security or the stock, you want to get quote of, you can use the “ticker symbol search tool” provided in the websites. After you are done with all this you will see the stock quote of the desired stock in seconds’ time. Along with the quote and the ticker symbol, there are four other important things given in the stock quote page.
1] Last price- this information refers to the price on which the particular stock was traded. It also symbolizes that you can also have the chance to buy and sell shares at that very price. In websites providing this information this data given, is generally not the freshest price quote. It is generally up to 30 minutes old data and prices that are shown. For the latest updates on the quotes of the particular share, you can ask the broker directly.
2] Price Indicator-a red arrow or the green arrow, just below the “last price” is an indicator. Red arrow signifies that the stock for which you are searching quote is trading downwards at that present time as compared to last market session. A green arrow symbolizes exactly the opposite that the stock is doing business of higher price than last market session. No arrow means the prices of that stock is stable and unchanged.
3] The third important thing given is the comparison chart of the price at which stock is trading right now and the price at which it was traded in the last session. If it is going towards your profit, it’ll appear in green else in red. If it is neutral, no color will be shown.
4] The fourth information given in the page is the percentage by which the stock price has dwindled or augmented in both the last session and the current session.
Websites like yahoo finance, NASDAQ, Quote.com, CNN/Money, PC Quote Online, BigCharts, MSN Money, INO.com, ADVFN, eoddata.com, reuters.com, trading charts, and barchart.com are some that provide the stock market quotes to the public and the investors in very enhanced yet simplest way.