Quote

A A A

DEFINITION

1. The last price at which a security or commodity traded, meaning the most recent price on which a buyer and seller agreed and at which some amount of the asset was transacted.

2. The bid or ask quotes are the most current prices and quantities at which the shares can be bought or sold. The bid quote shows the price and quantity at which a current buyer is willing to purchase the shares, while the ask shows what a current participant is willing to sell the shares for.

This is also known as an asset's "quoted price".

INVESTOPEDIA EXPLAINS

1. Quotes for stock and bond prices change throughout the trading day as new transactions occur one after another in a continual stream of trades. When you look up a stock quote for a given company, you are looking at the most recent price at which a trade was successfully executed for that particular security.

2. Potential investors or sellers in a company are more concerned about the bid and ask quotes as they reflect at what prices the stock can be bought or sold, while the price quote as defined in the first definition shows the price at which the stock traded most recently.


RELATED TERMS
  1. Quoted Price

    The most recent price at which an investment (or any other type of asset) has ...
  2. Stub Quote

    Order placed well off a stock's market price. Stub quotes are used by trading ...
  3. Ask

    The price a seller is willing to accept for a security, also known as the offer ...
  4. Current Price

    The "real time" price of a security trading on an exchange, as well as the most ...
  5. Bid

    1. An offer made by an investor, a trader or a dealer to buy a security. The ...
  6. Bond Quote

    The price at which a bond is trading. A bond quote is typically expressed as ...
  7. Security

    A financial instrument that represents: an ownership position in a publicly-traded ...
  8. Stock Quote

    The price of a stock as quoted on an exchange. A basic quote for a specific ...
  9. Quotation

    A very common term which actually refers to two numbers - the highest bid price ...
  10. Centralized Market

    A financial market structure that consists of having all orders routed to one ...
Related Articles
  1. Understanding Order Execution
    Investing Basics

    Understanding Order Execution

  2. Services That Health Insurers Often ...
    Insurance

    Services That Health Insurers Often ...

  3. Understanding The Ticker Tape
    Investing Basics

    Understanding The Ticker Tape

  4. The Basics Of Trading A Stock
    Active Trading Fundamentals

    The Basics Of Trading A Stock

  5. Why are the bid and ask quotes usually ...
    Investing

    Why are the bid and ask quotes usually ...

  6. Stock Basics Tutorial
    Investing Basics

    Stock Basics Tutorial

  7. Top Companies Trading On The Toronto ...
    Investing Basics

    Top Companies Trading On The Toronto ...

  8. During what time does after-hours trading ...
    Investing Basics

    During what time does after-hours trading ...

  9. Why does after-hours trading (AHT) exist?
    Investing Basics

    Why does after-hours trading (AHT) exist?

  10. How Nasdaq Continues To Innovate
    Stock Analysis

    How Nasdaq Continues To Innovate

comments powered by Disqus
Hot Definitions
  1. Genuine Progress Indicator - GPI

    A metric used to measure the economic growth of a country. It is often considered as a replacement to the more well known gross domestic product (GDP) economic indicator. The GPI indicator takes everything the GDP uses into account, but also adds other figures that represent the cost of the negative effects related to economic activity (such as the cost of crime, cost of ozone depletion and cost of resource depletion, among others).
  2. Accelerated Share Repurchase - ASR

    A specific method by which corporations can repurchase outstanding shares of their stock. The accelerated share repurchase (ASR) is usually accomplished by the corporation purchasing shares of its stock from an investment bank. The investment bank borrows the shares from clients or share lenders and sells them to the company.
  3. Microeconomic Pricing Model

    A model of the way prices are set within a market for a given good. According to this model, prices are set based on the balance of supply and demand in the market. In general, profit incentives are said to resemble an "invisible hand" that guides competing participants to an equilibrium price. The demand curve in this model is determined by consumers attempting to maximize their utility, given their budget.
  4. Centralized Market

    A financial market structure that consists of having all orders routed to one central exchange with no other competing market. The quoted prices of the various securities listed on the exchange represent the only price that is available to investors seeking to buy or sell the specific asset.
  5. Balanced Investment Strategy

    A portfolio allocation and management method aimed at balancing risk and return. Such portfolios are generally divided equally between equities and fixed-income securities.
  6. Negative Carry

    A situation in which the cost of holding a security exceeds the yield earned. A negative carry situation is typically undesirable because it means the investor is losing money. An investor might, however, achieve a positive after-tax yield on a negative carry trade if the investment comes with tax advantages, as might be the case with a bond whose interest payments were nontaxable.
Trading Center