The closing price at the end of the trading day (4:00pm Eastern Time) on the relevant exchange.
FAQ: Why is the Current Price listed in the spreadsheet of Advisor Workstation different from the Current Price listed on the Morningstar Quicktake Report?
The Last Price figure listed on the main Quote page of the Morningstar Report (point to the Quote tab, then click Quote in the menu) and the Last Close figure in the Quote - Price Graph area (point to the Quote tab, then click Price Graph in the menu) are updated more often: they are on a 15-minute delay for Nasdaq securities, and on a 20-minute delay for NYSE and AMEX securities.
Origin
Quotes are provided by www.sdsmarketwatch.com.
Benefit
By itself, stock price gives little useful information about a stock. However, a stock’s price relative to fundamental data such as earnings (as in the price/earnings ratio) or book value (price/book) can indicate whether a stock is cheap or expensive compared with its peers or the market.
For the Pros
To calculate a stock’s earnings yield %, use the following equation:
EPS TTM / Price Current