Tuesday, May 22, 2012
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Definition of 52 Week High
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What does a "52 week high" mean? What is the definition of the term "52 week high"?
"52-week high" is the highest price that a stock has traded at over the past 52 weeks.
Let's look at an example to further illustrate this definition:
Example - Wells Fargo.
According to our Wells Fargo quote page, the stock is currently trading at $33.01 and has a 52 week high of $34.25.
This simply means that the highest price that WFC (Wells Fargo) has traded at over the past 52 weeks is $34.25.
The opposite of "52 week high", of course, is the "52 week low". This is the lowest that a stock has traded at over the past 52 weeks.
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