Apergy is a provider of highly engineered technologies that help companies drill for and produce oil and gas efficiently and safely around the world. Co.'s products include a full range of equipment essential to efficient functioning throughout the lifecycle of a well - from drilling to completion to production. Co.`s principal products consist of artificial lift equipment and solutions, including rod pumping systems, electric submersible pump systems, progressive cavity pumps and drive systems and plunger lifts, as well as polycrystalline diamond cutters for drilling. We show 3 historical shares outstanding datapoints in our APY shares outstanding history coverage, used to compute APY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing APY market cap history over the course of time is important for investors
interested in comparing APY'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 APY versus a peer is one thing; comparing
APY 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 APY can fluctuate over the course of history.
With this page we aim to empower investors researching APY by allowing them to research the APY market cap history. |
Video: The Importance of Market Cap
