The 52-week high/low refers to the highest and lowest prices a stock, security, or other asset has traded at over the past year. It's a way to gauge the recent performance of an asset and see its price range. Here's a breakdown:
52 weeks: This represents one year in the financial world.
High: The highest closing price the asset reached during that year.
Low: The lowest closing price the asset reached during that year.
Investors often use 52-week highs and lows as a starting point for their research. It helps them understand the recent price movement of an asset and identify potential buying or selling opportunities. However, it's important to consider other factors like the overall market trends and the asset's long-term outlook before making any investment decisions.
