Share Price
What is it? The price of a unit of ownership in a company (a share). The most recent trade in the stock is typically used as the quoted share price. You can arrive at market capitalization by multiplying share price times total shares outstanding for a particular company. While of little analytical value in and of itself, share price is worth consideration in two ways. If a stocks price is too high, it may prevent individuals from being able to purchase enough shares to make up a round lot (100 shares). Also, there is a general rule that stocks below $5/share are deemed to be speculative, many of which are referred to as penny stocks.Added By: Avery
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