No Quote


DEFINITION of 'No Quote'

A stock that is inactive or not currently being traded. A no-quote stock does not have a bid or ask price. No quote stocks may be infrequently traded and thus difficult to buy or sell. When the stock is traded, it may have a wide spread between the bid and ask price relative to that of an active stock.


A no-quote stock would be considered illiquid; illiquidity means higher risk because with few buyers, it may be difficult for a seller to get a desirable price. Most securities traded on exchanges are highly liquid and can be bought and sold at any time during trading hours. A very small company would be more likely to have no-quote stocks than a nationally recognized and established blue chip company.

  1. Nasdaq

    A global electronic marketplace for buying and selling securities, ...
  2. Ask

    The price a seller is willing to accept for a security, also ...
  3. Blue Chip

    A nationally recognized, well-established and financially sound ...
  4. Illiquid

    The state of a security or other asset that cannot easily be ...
  5. Inside Market

    The spread between the highest bid price and lowest ask price ...
  6. Bid

    1. An offer made by an investor, a trader or a dealer to buy ...
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