Apergy is a provider of engineered equipment and technologies that help companies drill for and produce oil and gas. Co.'s products are used by a range of customers in the global oil and gas industry, including national oil and gas companies, integrated and independent oil and gas companies, oilfield equipment and services providers, and pipeline companies. Co.'s production and automation technologies provides products, technologies and services that facilitate the extraction of oil and gas. Co. also provides other production equipment including chemical injection systems, flow control valves, oil and water separation, gas conditioning, process heating and pressure vessel products. We show 10 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. |
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Video: The Importance of Market Cap
