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Not counting commissions and fees, it would cost $5838.00.

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15y ago
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Q: If your stock's closing price is 58 38 how much would it cost to buy 100 shares?
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If your company is acquired how are your shares affected?

It may have either a positive or a negative impact on the price of your stocks. Let us say XYZ Ltd has 1 million shares in the market out of which 400,000 is in the market and the remaining 600,000 shares is held by the management of XYZ. Assuming ABC Ltd wants to acquire XYZ, the 600,000 shares would be owned now by ABC and the remaining 400,000 would remain with the investors. Based on the history and past performance of ABC and the kind of management changes it plans on bringing into XYZ limited the price of the XYZ shares in the market might change. It can either go up or go down. Also, the share would get renamed to stocks of ABC Ltd and will no longer be stocks of XYZ Ltd.


What happens to price of stocks when a corporation reduces authorized amount of stocks?

I believe what you are referring to is when a corporation buys back it's own stock resulting in less authorized shares in the marketplace. This doesn't have a direct effect on a stocks price but can typically indirectly cause a stocks price to increase. The reason that it is not direct is that the company must spend it's own money to buy back the stock. This results in less shares and each shareholder now holds a larger stake in the company but the resulting company now either has less cash in it's reserves or has issued debt to pay for the stock. Indirectly this can help the price of the stock. The fact that a company is buying it's own stock back would indicate that the company feels it's own shares are a bargin at the current price. It also adds support to a stocks price in that if the price begins to fall due to market conditions the company can step in and buy shares to prevent or limit continued stock depreciation.


I have not traded in stocks. I would like to buy 100 shares of GM. How would I do that.?

With GM problems now is not a good time to buy GM stocks.


How do calculate closing stock?

Cost price (Purchase price) or market price whichever is less that would be taken as Closing Stock


How do you calculate 'closing stock?

Cost price (Purchase price) or market price whichever is less that would be taken as Closing Stock


Stocks that would sell shares for more than 100 dollars?

BRK-B , AAPL


What is the best way to go about buying stocks and shares?

The first thing anyone should do when buying stocks and shares, is a little research. This would also apply to any business venture. Once comfortable with the main ideas behind stocks and shares, the next step would be to arrange and control your finances. A lot of debt can be accumulated through gaining stocks and shares so it is important to be aware of the risks involved in investments of this nature. It may be best for some of those looking to invest, to enter a mutual fund which may reduce the rewards but ultimately lowers the risk.


Should you talk to your financial adviser you want to buy stocks and shares?

I would highly suggest speaking with someone who has more knowledge of stocks and shares. Make sure it someone you can trust and who has a good reputation as you don't want to be caught in a scam.


What are capital market securities?

This is the common and fast way to determine the value of a publicly traded company. It is simply calculated by multiplying the number of shares outstanding by the share price. Logically, this would find the value of the company, since the company would be worth as much as the shares would be worth. This definition works for stocks, and certain mutual funds.


What is a reasonable amount of shares of stock to purchase for a first time stock investor?

The amount of shares depends on the price of the shares you buy. I think $15,000 is the minimal amount which you can reasonably invest in stocks. I would split the money so you can diversify a bit, buying about five different (industry) stocks. The fees your broker earns should not be much more than one percent of the total amount invested. So your investment has to gain 2% to be profitable.


Do you lose your stocks when the market crashes?

No. You will not lose your stocks. You'll still be owning your stocks but the value of the stocks would have fallen heavily during a market crash. For ex: if you own 100 shares of X company that is worth $10 per share then your net worth is $1000. When the market crashes your stocks value might fall to $5. You will still own 100 shares but it will be worth only $500


General electric stocks?

i have 994 shares of common stock in GE and would like to know many more common stock shares I own above 994