CRACKING THE CODE; STOCK PAGES OFFER WEALTH DATA.Byline: Deborah Adamson Daily News Staff Writer Following a stock is as easy as flipping to the business section of your local paper. The stock tables give a quick snapshot of where a company stands on a given day and provides historical information as well, typically how it fared over the past week or year. The Daily News lists the stock tables of the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. and Nasdaq. Most likely, the company stock you're researching is listed among the three. Cracking the code Div: Annual dividend declared by the company. It's important to consider if you want a stock that appreciates in price and pays income. PE: Price-to-earnings ratio Noun 1. price-to-earnings ratio - (stock market) the price of a stock divided by its earnings P/E ratio securities market, stock exchange, stock market - an exchange where security trading is conducted by professional stockbrokers . This compares the company's stock price to its earnings per share in the past 12 months. The PE is calculated by dividing the stock price by the earnings per share. A company with a PE of 11 means that its stock price is trading at 11 times the earnings per share. The higher the PE, the more expensive the stock. Sales 100s: Number of shares traded (or volume) in the previous trading day In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. , in the hundreds. Multiply the shares listed by 100 to get the total volume of shares that were traded. For example, 7006 means 700,600 shares. Abnormally high trading volumes Trading volume The number of shares transacted every day. As there is a seller for every buyer, one can think of the trading volume as half of the number of shares transacted. That is, if A sells 100 shares to B, the volume is 100 shares. of individual stocks could reflect that the company - or its industry - is making news. High: The highest price achieved by the stock in the prior trading day. During trading hours, a company's stock price goes up and down as it's bought and sold until it stops at a specific price when trading is over for the day. The high records the highest prices quoted during the day. Low: The lowest price reached by the stock in the prior trading day. Last: The closing price of the stock. Chg: Change. The difference between the prior day's close to the close of the day before it. For example, if XYZ XYZ interj. Informal Used to indicate to someone that the zipper of his or her pants is open. [ex(amine) y(our) z(ipper).] Co. is listed with a last price of 1 (one dollar) in the Friday paper and the ``Chg'' column shows - 1/4, that means XYZ closed at 1 during trading on Thursday and at 1.25 on trading Wednesday. 52-week High and Low: Shows the highest and lowest prices achieved by the stock during trading in the last 52 weeks. It tells the investor the price ranges of the stock and gives him an idea of the current stock's expensiveness relative to the past year. For example, if Acme (company, jargon) ACME - /ak'mee/ 1. A Company that Makes Everything. The canonical imaginary business. Possibly also derived from the word "acme" meaning "highest point". 2. A program for MS-DOS. Inc. has a 52-week high of 43, a low of 20 and the current price is 28, then the investor knows the stock is trading near the low range of the past year. 52-week % Chg: The percentage difference between the last closing price of the stock on a given day vs. the same day a year ago, i.e. Dec. 1, 1997, and Dec. 1, 1996. NAV See navigation system and navigation bar. : Mutual funds' prices are listed as NAV, or net asset value. The NAV, or the price of one share in the fund, is calculated by dividing the total value of the fund - all of the stocks it owns - by its number of shares. Finally, the stock might have annotations, underlines or bold lettering. Check the business section's ``How to read the stock tables'' to find out what additional information they denote for the company. CAPTION(S): box Box: Cracking the code (see text) Cesar Quebral and Bonita Bonita (Spanish and Portuguese for "beautiful") is the name of:
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