Clearfield, Inc. designs, manufactures and distributes fiber protection, fiber management and fiber delivery solutions to enable fiber-fed deployment throughout the broadband service provider space primarily across North America. It has two segments: the Clearfield Operating (Clearfield) and the Nestor Cables Operating (Nestor). Clearfield segment is focused on providing fiber management, fiber protection and fiber delivery products that accelerate the turn-up of fiber-based networks in residential homes, businesses and network infrastructure on the wireline and wireless access network. We show 62 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
