Table:
|  | 2019 |  | 2018 |  |
| --- | --- | --- | --- | --- |
| Quarter Ended | High | Low | High | Low |
| March 31 | $ 9.07 | $ 5.34 | $ 4.75 | $ 3.82 |
| June 30 | $ 11.15 | $ 6.66 | $ 5.62 | $ 4.25 |
| September 30 | $ 10.51 | $ 6.91 | $ 5.93 | $ 4.91 |
| December 31 | $ 7.75 | $ 6.25 | $ 7.09 | $ 4.66 |
Paragraphs:
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Our common stock trades on The Nasdaq Stock Market under the symbol ZIXI. The table below shows the high and low sales prices by quarter for fiscal 2019 and 2018.
At March 4, 2020, there were 55,641,885 shares of common stock outstanding held by 399 shareholders of record. On that date, the last reported sales price of the common stock was $8.27.
We have not paid any cash dividends on our common stock and do not anticipate doing so in the foreseeable future.
For information regarding options and stock-based compensation awards outstanding and available for future grants, see “Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.”
Question:
What is the average low sale prices for the year 2019?
Answer: (5.34+6.66+6.91+6.25)/4 = 6.29