Question
Today the common stock of Gresham Technology closed at $26.70 per share, down $0.40 from yesterday. If the company has 5.1 million shares outstanding and
Today the common stock of Gresham Technology closed at $26.70 per share, down $0.40 from yesterday. If the company has 5.1 million shares outstanding and annual earnings of $12.9 million, what is its P/E ratio today? What was its P/E ratio yesterday?
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
538482109, 1133711774, 538482389, 9780538482103, 9781133711773, 978-0538482387
