Forafric Global is a holding company. Through its subsidiaries, Co. is an integrated, global business involved in the purchase, storage, transport, processing and sale of agricultural commodities and commodity products. The principal agricultural commodities that Co. handles are flour and semolina, and secondary processing products such as pasta and couscous. We show 1 historical shares outstanding datapoints in our AFRI shares outstanding history coverage, used to compute AFRI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AFRI market cap history over the course of time is important for investors
interested in comparing AFRI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AFRI versus a peer is one thing; comparing
AFRI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AFRI can fluctuate over the course of history.
With this page we aim to empower investors researching AFRI by allowing them to research the AFRI market cap history. |
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Video: The Importance of Market Cap
