what are open, close and par value in stocks?

Answer 1

Par Value

Par value of an equity (a stock) is a somewhat archaic concept. The par value of a stock was the share price upon initial offering; the issuing company promised not to issue further shares below par value, so investors could be confident that no one else was receiving a more favorable issue price. This was far more important in unregulated equity markets than in the regulated markets that exist today.

Most common stocks issued today do not have par values; those that do (usually only in jurisdictions where par values are required by law) have extremely low par values (often the smallest unit of currency commonly used), for example a penny par value on a stock issued at USD$25/share.

No-par stocks have no par value printed on its certificates. Instead of par value, some U.S. states allow no-par stocks to have a stated value, set by the board of directors of the corporation, which serves the same purpose as par value in setting the minimum legal capital that the corporation must have after paying any dividends or buying back its stock.

Preferred stock par value remains relevant, and tends to reflect issue price. Dividends on preferred stocks are calculated as a percentage of par value.

Also, par value still matters for a callable common stock: the call price is usually either par value or a small fixed percentage over par value.

Open

This is the price paid for shares for the first trade of the trading session.

Close

This is the price paid for shares for the last trade of the trading session. It does NOT become the open for the next session since news released while the markets are closed may cause the stock price to change between the close and the next open.

The open and close prices do not include trades made in secondary markets before the exchange opens or after it closes.

Answer 2

par is the value set by the issuer (corp) the open is the amount the stock opens at and the close is obviously the closing gong price for the stock ....which then becomes the next days open...