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. Inside Market

    The spread between the highest bid price and lowest ask price ...
  5. Illiquid

    The state of a security or other asset that cannot easily be ...
  6. Bid

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