CTS is a global manufacturer of sensors, connectivity components, and actuators. Co.'s products perform specific electronic functions for a given product family and are intended for use in customer assemblies. Co.'s primary products consist principally of sensors and actuators used in passenger or commercial vehicles, connectivity components used in telecommunications infrastructure, information technology and other applications, switches, temperature sensors, and potentiometers supplied to multiple markets, and fabricated piezoelectric materials and substrates used primarily in the medical, industrial, and aerospace and defense markets. We show 57 historical shares outstanding datapoints in our CTS shares outstanding history coverage, used to compute CTS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CTS market cap history over the course of time is important for investors
interested in comparing CTS'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 CTS versus a peer is one thing; comparing
CTS 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 CTS can fluctuate over the course of history.
With this page we aim to empower investors researching CTS by allowing them to research the CTS market cap history. |
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Video: The Importance of Market Cap
