| Urban Tea is a fine and specialty chemical manufacturer, primarily engaged in manufacturing and selling of organic compound including para-chlorotoluene (“PCT”), ortho-chlorotoluene (“OCT”), PCT/OCT downstream products, unsaturated polyester resin (“UPR”), maleic acid (“MA”) and other by-product chemicals and distributing fine and specialty chemicals to end application markets including automotive, pharmaceutical, agrochemical, dye & pigments, aerospace, ceramics, coating-printing, clean energy and food additives. We show 4 historical shares outstanding datapoints in our DELT shares outstanding history coverage, used to compute DELT market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DELT market cap history over the course of time is important for investors
interested in comparing DELT'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 DELT versus a peer is one thing; comparing
DELT 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 DELT can fluctuate over the course of history.
With this page we aim to empower investors researching DELT by allowing them to research the DELT market cap history.