Clearfield designs, manufactures and distributes fiber protection, fiber management and fiber delivery solutions. Co.'s two segments are: Clearfield Operating Segment, which provides various fiber products that allow service providers to build fiber networks; and Nestor Cables Operating Segment, which manufactures fiber optic and copper telecommunication cables and equipment which it distributes to telecommunication operators, network owners, electric companies, building contractors, and industrial companies. Co.'s products include: FieldSmart®, WaveSmart® optical components, Active Cabinets, Fiber Active Cabinet, and FiberFlex product lines, FieldShield®, and fiber and copper assemblies. We show 54 historical shares outstanding datapoints in our CLFD shares outstanding history coverage, used to compute CLFD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CLFD market cap history over the course of time is important for investors
interested in comparing CLFD'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 CLFD versus a peer is one thing; comparing
CLFD 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 CLFD can fluctuate over the course of history.
With this page we aim to empower investors researching CLFD by allowing them to research the CLFD market cap history. |
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Video: The Importance of Market Cap
