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Re: FireMechanic post# 570646

Wednesday, 10/16/2019 7:43:58 PM

Wednesday, October 16, 2019 7:43:58 PM

Post# of 794083
I have a question on share price. Is the PPS in basic principles the market price devided by the number of shares??? If so, what happens to the PPS when on the next 10q when the money is added that wasn't taken last quarter and the next quarter earnings. Shouldn't the PPS go up .....

Price per share (PPS) of stock is the dollar amount that a trader or investor is willing to pay for one share of a stock.

So the PPS of FNMA today, 10/16/2019 is $3.505. The PPS tomorrow will vary during the day and end at a final PPS for the day. The variation in price is determined by the dollar amount that a trader or investor is willing to pay for one share of a stock.