| Akoustis Technologies is focused on developing, designing, and manufacturing radio frequency (RF) filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. Co. has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a manufacturing process flow for its filters produced for use in RF front-end modules. Co.'s segments are: Foundry Fabrication Services, which consists of engineering review services and STC-MEMS foundry services; and RF Filters, which consists of amplifier and filter product sales, and grant revenue. We show 25 historical shares outstanding datapoints in our AKTS shares outstanding history coverage, used to compute AKTS market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AKTS market cap history over the course of time is important for investors
interested in comparing AKTS'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 AKTS versus a peer is one thing; comparing
AKTS 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 AKTS can fluctuate over the course of history.
With this page we aim to empower investors researching AKTS by allowing them to research the AKTS market cap history.