Share price is the price of the company share in the market. Price of the share can be more then or less then the face value of the share depending on the performance of the share. High share price reflects good performance and low price reflects bad performance of the organisation, cited by Rodney (2007). Now, an example of the performance of First Group company in the year 2010 in the share price is as follows.
By analyzing the share price of first Group Company on the FTSE 100 index from the period of 1st January 2010 to 31st December 2011 it is observed that starting with January 2010 the share price of company on the FTSE 100 index was 422.5p and then by the end of January 2010 it was reduced up to 390p in the market and then gradually the share price started to the increase and during the month of April 2010 it was almost touching 440p on FTSE 100 index. This increased in proved to be of temporary nature as during the month of May 2010 the share price was dropped down to 375p in FTSE 100 index, cited by First Group Company (2012).
The company continued to perform well and more activity held in shares of the company during the period of May 2010 and December 2010. The share price of the company keeps on fluctuating during this time period. However, the company share closed the year 2010 on the positive note with the share price almost crossing 450p in the FTSE 100 index.
Later on, it will give the performance of the company for the year 2011 and part of 2012.
Source: First Group Company (2012).
Later on, it will give the performance of the company for the year 2011 and part of 2012.
BIBLIOGRAPHY
Book
- Rodney, H. (2007), “Shares Made Simple: A Beginner's Guide to the Stock Market”, 1st Edition, Harriman House
Website
- First Group Company (2012), “Latest News”, [online] Available at: http://www.firstgroup.com/corporate/latest_news/ . Accessed ( March 2nd 2012).
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