Columbus McKinnon Corporation designs, manufactures, and markets intelligent motion solutions for material handling. Its products range from electric, air-powered, lever, and hand hoists to hoist trolleys, explosion-protected hoists, winches, and aluminum workstations. They also offer alloy and carbon steel chains, forged attachments like hooks and shackles, mechanical and electromechanical actuators, and power and motion control systems including AC/DC drive systems and radio remote controls. Their brands include Budgit, Chester, CM, Coffing, and Yale, targeting markets like manufacturing, transportation, energy, and process industries. We show 62 historical shares outstanding datapoints in our CMCO shares outstanding history coverage, used to compute CMCO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CMCO market cap history over the course of time is important for investors
interested in comparing CMCO'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 CMCO versus a peer is one thing; comparing
CMCO 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 CMCO can fluctuate over the course of history.
With this page we aim to empower investors researching CMCO by allowing them to research the CMCO market cap history. |
Free CMCO Email Alerts:
Video: The Importance of Market Cap
