Financial Markets and Institutions Graded Assignment | Read Chapter 21B Due Sund

Question

Financial Markets and Institutions Graded Assignment | Read Chapter 21B Due Sunday 06.10.18 at 11:45 PM Attempts: 7. Stock quotes Smith Enterprises recently was profiled on a financial information website and touted as a "hot" growth stock. You Keep the Highest: 0/4 Aa Aa acquired the stock quote shown below from that website. Smith Enterprises (NASDAQ: SME) Last Trade:$51.63 Trade Time: 4:00 PM ET Change: +777 (11.58%) Prev Close: Open: Bid: Ask ly Target Est: 55.40 Day's Range: 47.22- 51.96 52wk Range: 25.48-60.71 Volume Avg Vol (3m): 629,072 Market Cap: 1.63B P/E (ttm):25.43 EPS (ttrm) Div & Yield: 0.20 (0.40%) 1,419,317 46.27 47.25 N/A N/A 772 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 NASDACQ O DAX SME O AMEX What is Smith's carnings per share (EPS) for the trailing 12 months? O $1.75 O $1.67 O $2.09 O $1.91 O $2.03

Explanation / Answer

1. The answer of the first question is NASDAQ as it is the exchange not SME.

2. To calculate the Earning per share we have to use the Price earning ratio formulae as we have given this in data.

Earning per share = Market price / PE ratio

= $51.63 / 25.43

= $2.03

3. Increase in today price = closing price of today - Yesterday closing price

= $51.63 - $46.27

= $5.36

4. It is relatively heavy trading because today's Volume is 1,419,317 as compared to 3months Average volume of 629,072.

Please letr me know if you have any querry.

Thanks

Related Questions

Navigate

• Browse (All)
• Browse F
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.