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Glossary

52-Week Range

The highest and the lowest price a stock has traded at over the past year, printed as a pair.

A price on its own says very little. Knowing a share costs $112 tells you nothing about the company, because a share price is just the company's value cut into however many slices it happens to have. The 52-week range is the cheapest context available for that number: it shows you where today sits against everywhere the stock has been in the last twelve months.

The two figures are simply the extremes. If the range reads $80 to $140, the stock changed hands at $80 on some day in the past year and at $140 on some other day, and at most prices in between along the way.

What the range does not carry is any reason. A stock near the bottom of its range might be there because the business shrank, because the whole market fell, or because one quarter came in below what people expected. A stock near the top might be there for reasons just as varied. The range records prices; the rest of a company page is where the reasons live.

Learn this properly

Lesson 7: How to Read a Stock Page

A walkthrough of the ConvictionStocks stock page layout and what each section tells you about a company.

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GOOGL shows this figure on its page

We label it "52-Week Range", and Wall Street calls it "52-Week Range". The page is open to everyone, no account needed.

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