At The Close

This is the price of the last trade of a stock when the market closes for the day. This price is of primary importance in our trading as where a stock closes in its range tells us much about the direction and momentum of the stock.

Cost of Sales

Cost of materials and labor required to produce products or services. Gross profit is sales minus cost of sales. 

Delisted Issue

The status of a security that is no longer listed on the Exchange. The security could trade on another market.

Delist

The removal of a security’s listing on a stock exchange. This is done when the security no longer exists, the company is bankrupt, the public distribution of the security has dropped to an unacceptably low level, or the company has failed to comply with the terms of its listing agreement.

At-The-Open

This is a stock’s trading price when a stock begins trading for the day. It may gap up, gap down, or open where it closed the previous session. Where a stock opens can be deceptive, especially if the stock gaps up or down significantly from the closing price.

Cum-Dividend/Distribution Date

The trading day before the ex-dividend/distribution (ex-d) date. It is the last day on which the securities can be traded and on which the buyer is entitled to the dividend/distribution.

Cum Dividend

With dividend. The owner of shares purchased cum dividend is entitled to an upcoming already-declared dividend. The opposite of this is ex dividend.

Cyclical Stock

A stock of a company in an industry sector that is particularly sensitive to swings in economic conditions.