Tag: share
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Stocks Off Lows on Greek Deal
Stocks pared losses to end mixed on Thurday on reports Greek authorities have agreed to a new 5-year austerity plan to avoid a sovereign default. The Dow Jones Industrial Average fell 59.67 points, or 0.49%, to end at 12,050.00. The S&P 500 index ended down 3.64 points, or 0.28%, at 1,283.50.The NASDAQ Composite Index ended…
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Stocks Opened Lower Ahead of Fed Rate Decision
Stocks opened lower on Wednesday as investors were cautious about the direction the Federal Reserve would take to deal with renewed weakness in the economy. The Dow Jones industrial average lately was down 17.75 points, or 0.15 percent, at 12,172.26. The Standard & Poor’s 500 Index dipped 0.30 point, or 0.02 percent, at 1,295.22. The…
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What is P/S Ratio? How To Use P/S Ratio To Value Stocks?
Price to Sales (P/S) Ratio is a financial ratio that compares stock price with sales per share (or market capitalization with total sales). It is for valuing a stock relative to its own past performance, other companies or the market itself. P/S Ratio is used in some industries as another gauge of valuation in addition…