What is 52-Week High Low in share market?
A 52-High/Low is the precisely denotes the highest and the lowest price of the stock, security or bond at which it traded in the past one year or 52 weeks.
- The stock market is routinely exposed to many fluctuations due to many national and international factors. It is during these upheavals that stocks record the highest and lowest figures.
- The figures hold high significance in the stock market as it is helpful in determining the current value and also in a prediction of the future movement of the same.
The stocks usually trade within the range of 52-week low and 52-week high. Thus, investors show high interest in the same when the current price nears either end.