| Dryships is an international owner of drybulk carriers and offshore support vessels. As of Mar. 10, 2017, Co. owned a fleet of 13 Panamax drybulk carriers, which have a combined deadweight tonnage (dwt) of approx. 1.0 million dwt and an average age of approx. 13.5 years, one VLCC and one Aframax tanker newbuilding, 2 VLGC newbuildings, and six offshore supply vessels and four oil spill recovery vessels and have an average age of approx. 4.0 years. Co.'s drybulk carriers and offshore support vessels operate worldwide within the trading limits imposed by Co.'s insurance terms and do not operate in areas where United States, European Union or United Nations sanctions have been imposed. We show 5 historical shares outstanding datapoints in our DRYS shares outstanding history coverage, used to compute DRYS market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DRYS market cap history over the course of time is important for investors
interested in comparing DRYS'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 DRYS versus a peer is one thing; comparing
DRYS 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 DRYS can fluctuate over the course of history.
With this page we aim to empower investors researching DRYS by allowing them to research the DRYS market cap history.