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chinainvestor
chinainvestor asked in Business & FinanceInvesting · 1 decade ago

Should ADRs be close to parity with their stocks in their home trading company?

assuming the $/British pound is 2

If a stock is trading in London at 2.5 should its ADR be trading at $5?

Thanks

2 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    Ted is correct. You can find out the ratio of ADR to parent stock here.

    http://www.adrbny.com/home.jsp

  • Ted
    Lv 7
    1 decade ago

    Maybe. You need to know what the ADR is. Many ADRs are not simply 1 share = 1 ADR.

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