Slinger Bag operates in the sporting and athletic goods business. Through its ownership of Slinger Bag Americas Inc. and Slinger Bag Ltd, Co. is focused on the Ball Sport Market globally. Co. has developed and patented a Ball launcher built into an easy to transport wheeled trolley bag (the Slinger Launcher). The Slinger Bag allows anyone to control the speed, frequency and elevation of balls that are launched for practice, training or fitness purposes. Co. is also developing similar launchers to address other forms of tennis. These include, but are not limited to Pickleball (USA), Soft Tennis (Japan) and Paddle Tennis (International markets). We show 9 historical shares outstanding datapoints in our CNXA shares outstanding history coverage, used to compute CNXA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CNXA market cap history over the course of time is important for investors
interested in comparing CNXA'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 CNXA versus a peer is one thing; comparing
CNXA 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 CNXA can fluctuate over the course of history.
With this page we aim to empower investors researching CNXA by allowing them to research the CNXA market cap history. |
Free CNXA Email Alerts:
Video: The Importance of Market Cap
