Crane NXT is a manufacturer of engineered industrial products. Co.'s operations are comprised of four segments: Aerospace and Electronics, which supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets; Process Flow Technologies, which provides engineered fluid handling equipment; Payment and Merchandising Technologies, which consists of Crane Payment Innovations and Crane Currency; and Engineered Materials, which manufactures fiberglass-reinforced plastic panels and coils. We show 4 historical shares outstanding datapoints in our CXT shares outstanding history coverage, used to compute CXT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CXT market cap history over the course of time is important for investors
interested in comparing CXT'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 CXT versus a peer is one thing; comparing
CXT 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 CXT can fluctuate over the course of history.
With this page we aim to empower investors researching CXT by allowing them to research the CXT market cap history. |
Free CXT Email Alerts:
Video: The Importance of Market Cap
