Agrify is a developer of proprietary hardware and software cultivation and extraction solutions for the cannabis and hemp industry. The two products Co. sells are the Agrify Vertical Farming Unit (VFU) and Agrify Insights Software-as-a-Service (SaaS) software. Co.'s VFU technology is a product that provides a modular, compartmentalized micro-climate growing system for indoor vertical farming. Co.'s Agrify Insights software is cloud-based SaaS that interfaces with a microservices middleware and relational database that integrates with its hardware and provides real-time control and monitoring of facilities, growing conditions, and insights into both production and profit optimization. We show 7 historical shares outstanding datapoints in our AGFY shares outstanding history coverage, used to compute AGFY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AGFY market cap history over the course of time is important for investors
interested in comparing AGFY'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 AGFY versus a peer is one thing; comparing
AGFY 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 AGFY can fluctuate over the course of history.
With this page we aim to empower investors researching AGFY by allowing them to research the AGFY market cap history. |
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Video: The Importance of Market Cap
