AFSI Stock chart
Why is a Stock's Price so important?
The price at which we buy or sell a stock is what makes us money and the stock market, and knowing the direction of the price is helpful. Each stock represents ownership in a company, but the price action of the stock, or its trend (technical analysis), also offers insight; this tells us where buyers and sellers are making decisions.Share Price can also be used to find a company's total market value, as represented by market capitalization by multiplying the price by the number of shares outstanding.