Allied designs, manufactures and sells controlled motion components and systems used in a range of industries. Co.'s products include brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gearmotors, gearing, modular digital servo drives, motion controllers, incremental and absolute optical encoders, active and passive filters for power quality and harmonic issues, mission critical electro-mechanical automation solutions, advanced linear and rotary motion systems for nano-precision applications, input/output modules, industrial gateways, and other controlled motion-related products. We show 2 historical shares outstanding datapoints in our ALNT shares outstanding history coverage, used to compute ALNT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ALNT market cap history over the course of time is important for investors
interested in comparing ALNT'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 ALNT versus a peer is one thing; comparing
ALNT 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 ALNT can fluctuate over the course of history.
With this page we aim to empower investors researching ALNT by allowing them to research the ALNT market cap history. |
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Video: The Importance of Market Cap
