What are Stock Quotes?
Stock quotes, also known as market prices or stock prices, represent the current price of a company's shares on the open market. They are used to determine the value of the company and its assets.
Types of Stock Quotes
- Sales quotes: These represent the current selling price of a share in a public company.
- Purchase quotes: These represent the current buying price of a share in a private or closed-end investment company.
- Cash-secured sale (CSS) quotes: These are used to buy and sell shares on an exchange, with the buyer paying cash upfront.
How to Use Stock Quotes
To use stock quotes effectively, make sure you understand the types of quotes and how they are used. You can also use online tools or mobile apps to find current prices.