A stock listing contains the following information: P$/$E $17\mathrm{.}5,$ closing price $33\mathrm{.}10,$ dividend$\mathrm{.}80,$ YTD$\%$ chg $3\mathrm{.}4,$ and a net chg of $-\mathrm{.}50.$ This means that the stock price has increased by $3\mathrm{.}4\%$ during the current year and the earnings per share are approximately $$1\mathrm{.}89.$ The closing price on the previous trading day was $$32\mathrm{.}60$ and the current yield is $17\mathrm{.}5\%.$

Select one:

True

False