Visit the Yahoo!7 Finance website (http://au.finance.yahoo.com) and call up information on JB Hi-Fi Ltd (symbol: JBH.AX).
a. Identify JB Hi-Fi Ltd’s current share price (day 1), the previous day’s share price (day 0) and the share price return from day 0 to day 1.
b. You are considering purchasing shares in JB Hi-Fi Ltd. Identify the current bid and ask price for the shares.
c. The summary information includes some market based ratios. Explain what each of the following represents and how the ratio is calculated: price–earnings ratio; earnings per share; and market capitalisation.
d. Review the current month’s analysts’ recommendations for JB Hi-Fi Ltd and comment on the market’s sentiment regarding JB Hi-Fi Ltd.