Vita Coco Co is engaged in the development, market and distribution of coconut water products under the brand name Vita Coco and for retailers own brands in United States, Europe and Asia. Co.'s other products including coconut oil, coconut milk, coconut as a commodity, natural energy drink (under the brand name, Runa), water (under the brand name, Ever & Ever) and PWR LIFT, a flavored protein-infused water. We show 6 historical shares outstanding datapoints in our COCO shares outstanding history coverage, used to compute COCO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing COCO market cap history over the course of time is important for investors
interested in comparing COCO'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 COCO versus a peer is one thing; comparing
COCO 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 COCO can fluctuate over the course of history.
With this page we aim to empower investors researching COCO by allowing them to research the COCO market cap history. |
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Video: The Importance of Market Cap
