I have noticed that the value of AstraZeneca stocks on the European Xetra exchange is almost twice the value of its New York Stock exchange? How can this be?

  • Did you take into account the difference based on the value of the currency? – Bob Baerker May 5 at 20:52

AstraZeneca shares on NYSE are ADRs with a 2:1 ratio to the underlying primary listing on the London Stock Exchange.

The difference you see can be accounted for by the above ratio, currency conversion and some slippage given the two exchanges are open at different times.

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    Many thanks guys for your fast response – user9106985 May 5 at 20:59

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