A quote, also know as price quote, is the most recent price that a buyer and seller agreed upon and at which some portion of the asset was exchanged. It is the most recent price at which the asset is traded. The bid quote is the most recent price and quantity at which a share may be purchased. The bid quote displays the price and quantity at which a present buyer is prepared to buy the shares. The ask price indicates how much a current trader is willing to offer in exchange for their shares.