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Sylia Corporation’s last trade was $29.77 and its previous close was $28.35. What is the percentage change in stock price?
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Sylia Corporation’s last trade was $29.77 and its previous close was $28.35. What is the percentage change in stock price?

User NSNoob
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1 Answer

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In order to solve for the percentage change in stock price, you need to determine first the formula.

Rate of Change = ( ( current value / previous value ) – 1 ) x 100

Current value = $29.77

Previous Value = $28.35

= 29.77 / 28.35 – 1 x 100

Rate of Change = 5.01%

User Sambro
by
6.3k points
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