Avient is a formulator of specialized and sustainable material solutions. Co.'s reportable segments include: Color, Additives and Inks, which is a formulator of specialized custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, as well as specialty inks; Specialty Engineered Materials, which is a formulator of specialty and sustainable polymer formulations, services and solutions for designers, assemblers and processors of thermoplastic materials across a variety of markets and end-use applications; and Distribution, which distributes engineering and commodity grade resins to the North American, Central American and Asian markets. We show 15 historical shares outstanding datapoints in our AVNT shares outstanding history coverage, used to compute AVNT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AVNT market cap history over the course of time is important for investors
interested in comparing AVNT'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 AVNT versus a peer is one thing; comparing
AVNT 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 AVNT can fluctuate over the course of history.
With this page we aim to empower investors researching AVNT by allowing them to research the AVNT market cap history. |
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Video: The Importance of Market Cap
