penny shares

penny shares
Securities with a very low market price (although they may not be as low as one penny) traded on a stock exchange. They are popular with small investors, who can acquire a significant holding in a company for a very low cost. Moreover, a rise of a few pence in a low-priced share can represent a high percentage profit. However, they are usually shares in companies that have fallen on hard times and may, indeed, be close to bankruptcy. The investor in this type of share is hoping for a rapid recovery or a takeover.

Accounting dictionary. 2014.

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  • penny shares — N PLURAL Penny shares are shares that are offered for sale at a low price. [BUSINESS] …   English dictionary

  • Penny Shares — ⇡ Penny Stocks …   Lexikon der Economics

  • penny shares — Shares that sells for just a few pence and are considered to be at a high risk and extremely volatile by most investors. Financial Services Glossary …   Financial and business terms

  • penny shares — Securities with a very low market price (although they may not be as low as one penny) traded on a stock exchange. They are popular with small investors, who can acquire a significant holding in a company for a very low cost. Moreover, a rise of… …   Big dictionary of business and management

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  • Penny stock — In the U.S., a penny stock is a common stock that trades for less than $5 a share and are traded over the counter (OTC) through quotation services such as the OTCBB or the Pink Sheets. Although a penny stock is said to be thinly traded, share… …   Wikipedia

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  • penny — pen‧ny [ˈpeni] noun [countable] 1. abbreviation p pence PLURALFORM a unit of money used in Britain since 1971. There are 100 pence in one pound: • It only costs a few pence …   Financial and business terms

  • Penny Jordan — Penelope Jones Halsall Born Penelope Jones 24 November 1946 (1946 11 24) (age 64) Preston, Lancashire, England Pen name Caroline Courtney Melinda Wright Lydia Hitchcock Penny Jordan Annie Groves[1] …   Wikipedia

  • Penny Stock — A stock that trades at a relatively low price and market capitalization, usually outside of the major market exchanges. These types of stocks are generally considered to be highly speculative and high risk because of their lack of liquidity,… …   Investment dictionary

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