Overview
I'm working on a mathematics writing question and need support to help me learn.
The stock table shown below was generated at 2:45 pm on March 9, 2021. This is for
GameStop Corp. Let’s see if we can make sense of this mysterious mass of numbers.
At the top
- Name of the company (GameStop Corp), the exchange (NYSE – New York Stock
Exchange), and the ticker symbol (GME in this case).
- The big bold number is the current price of the stock ($246.90).
- How much the price has changed during the current day’s trading session (+$52.40)
and the percent increase (26.94%).
At the bottom
- Open ($217.71) refers to the price at the time today’s session began. This is often
different from the closing price.
- High ($249.85) is the highest the price was during today’s session.
- Low ($208.51) is the lowest the price was during today’s session.
- Market Cap is the total value of the company. If the number ends in ‘M’ it means
million. If the number ends in ‘B’ it means billion.
- Div yield is the dividend given for those who own the stock at the end of the fiscal
year.
- Prev Close ($194.50) is the price the stock closed at the previous day and can be
found using the current price and change.
- 52-wk high ($483.00) is the highest the price was over the last year.
- 52-wk low ($2.57) is the lowest the price was over the last year
Volume is sometimes there which describes how many shares have been traded in the
current session. It is often listed as something like 5467 (1000s).If the GameStop stock listed the Volume as 5467 (1000s), how many actual shares were
traded during the day?
2. If you own 625 shares of the stock and the dividend pays $0.62 per stock, how much in
dividends did you make last year?
3. If you purchase 50 shares of the GameStop stock from a broker at the opening price and
the broker’s commission is 2.3%, what is the total cost of the purchase?
4. Let’s say you purchased 20 shares of GameStop stock at the 52-week low and sold the
shares at the 52-week high. The broker’s commission on the purchase is 2.1% and on the
sale is 2.8%. How much money did you make?5. Answer each of the questions below based on the lowest and highest price over the last
year.
a. If there was a 100% increase from the lowest price over the last year, what would the
new price be?
b. If there was a 1,000% increase from the lowest price over the last year, what would
the new price be?
c. If there was a 10,000% increase from the lowest price over the last year, what would
the new price be?
d. Find the actual percent increase from the lowest price to the highest price over the last
Year.