| Performance Shipping is a holding company. Through its subsidiaries, Co. owns and operates containerships and pursues containership acquisition opportunities. Each of Co.'s vessels is owned by a separate wholly-owned subsidiary. We show 3 historical shares outstanding datapoints in our DCIX shares outstanding history coverage, used to compute DCIX market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DCIX market cap history over the course of time is important for investors
interested in comparing DCIX'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 DCIX versus a peer is one thing; comparing
DCIX 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 DCIX can fluctuate over the course of history.
With this page we aim to empower investors researching DCIX by allowing them to research the DCIX market cap history.