Explain what is ADR for stock Will it shows strength of stock if it is greater than 60 If it is 20 what does it mean it is weak stock?

1 answer

Answer

1130873

2026-03-08 11:40

+ Follow

See the explanation of American depository Receipt at: http://wiki.answers.com/Q/What_does_ADR_stands_for The actual price of the ADR means nothing in itself, just like the price of a stock doesn't. The number of shares, among other things, makes the stock price higher or lower without changing any real value. (A stock with a float of say 100 shares and a price of $100 as share, would be the same if the float was 1,000 shares but the price would then be indicated as $10 a share).

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.