Argan is a holding company. Through its subsidiaries, Co. provides range of engineering, procurement, construction, commissioning, maintenance, project development and technical consulting services to the power generation market, including the renewable energy sector. Co.'s segments are: Power Industry Services, which provides engineering, procurement and construction contracting and other services to the owners of alternative energy facilities; Industrial Fabrication and Field Services, which has steel pipe and vessel fabrication capabilities; and Telecommunications Infrastructure Services, which provides utility construction and technology wiring solutions. We show 56 historical shares outstanding datapoints in our AGX shares outstanding history coverage, used to compute AGX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AGX market cap history over the course of time is important for investors
interested in comparing AGX'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 AGX versus a peer is one thing; comparing
AGX 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 AGX can fluctuate over the course of history.
With this page we aim to empower investors researching AGX by allowing them to research the AGX market cap history. |
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Video: The Importance of Market Cap
