6. Stock quotes Aa Aa Smith Enterprises recently was profiled on a financial inf

Question

6. Stock quotes Aa Aa Smith Enterprises recently was profiled on a financial information website and touted as a "hot" growth stock. You acquired the stock quote shown below from that website Smith Enterprises (NYSE: SME) Last Trade: Trade Time: Change Prev Close: Open: Bid: Ask 1y Target Est: 55.40 $51.63 4:00 PM ET +2?? (11.58%) 46.27 47.25 N/A N/A Day's Range: 47.22 51.96 52wk Range: Volume: Avg Vol (3m) 1,921,518 Market Cap: P/E (ttm) EPS (ttm): Div & Yield: 25.48 60.71 1,419,317 1.63B 25.43 0.20 (0.40%) The last trade time is shown to be at 4:00 PM Eastern Time. The abbreviation "ttm" stands for "trailing twelve months," and the number shown reflects data from the previous 12 months. The abbreviation "3m" reflects data from the previous 3 months What exchange does Smith Enterprises trade on? O NASDAQ Q SME O FTSE O AMEX O NYSE

Explanation / Answer

1.

NYSE, Option E, written on top.

2.

Option D, $ 2.03. EPS would be Stock price / PE ratio i.e. $ 51.63 / $ 25.43 = $ 2.03.

3.

Price increase would be Last trade price - Previous close price i.e. $ 51.63-$46.27 = $5.36, thus answer would be Option C

4.

As given in info above, there is a jump of 11.58%, this is considered a very good appreciation, which shows that the stock must have been traded heavily. Thus answer would be Option C

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