Stock Quotes: Converting Fractions to Decimals

All major U.S. stock markets recently began quoting shares in increments of sixteenths, shifting from the one-eighth increments that had dominated for two centuries. The move is a big step in the move toward decimal pricing, still a year or more away. In the interim, to help readers quickly translate increasingly tinier fractions in the stock tables, The Times offers this chart as a clip-and-save reference.

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8ths 16ths 32nds 64ths Decimals 1 $0.02 1 2 0.03 3 0.05 1 2 4 0.06 5 0.08 3 6 0.09 7 0.11 1 2 4 8 0.13 9 0.14 5 10 0.16 11 0.17 3 6 12 0.19 13 0.20 7 14 0.22 15 0.23 2 4 8 16 0.25 17 0.27 9 18 0.28 19 0.30 5 10 20 0.31 21 0.33 11 22 0.34 23 0.36 3 6 12 24 0.38 25 0.39 13 26 0.41 27 0.42 7 14 28 0.44 29 0.45 15 30 0.47 31 0.48 4 8 16 32 0.50 33 0.52 17 34 0.53 35 0.55 9 18 36 0.56 37 0.58 19 38 0.59 39 0.61 5 10 20 40 0.63 41 0.64 21 42 0.66 43 0.67 11 22 44 0.69 45 0.70 23 46 0.72 47 0.73 6 12 24 48 0.75 49 0.77 25 50 0.78 51 0.80 13 26 52 0.81 53 0.83 27 54 0.84 55 0.86 7 14 28 56 0.88 57 0.89 29 58 0.91 59 0.92 15 30 60 0.94 61 0.95 31 62 0.97 63 0.98

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Researched by BRENT WYETH