Diamond S Shipping provides seaborne transportation of crude oil, refined petroleum, and other products in the international shipping industry. Through its wholly owned subsidiaries, Co. owns and operates 64 tanker vessels: 13 Suezmax crude carriers, one Aframax crude carrier and 50 medium range product carriers. Co. also controls and operates two Suezmax vessels through a joint venture. We show 12 historical shares outstanding datapoints in our DSSI shares outstanding history coverage, used to compute DSSI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DSSI market cap history over the course of time is important for investors
interested in comparing DSSI'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 DSSI versus a peer is one thing; comparing
DSSI 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 DSSI can fluctuate over the course of history.
With this page we aim to empower investors researching DSSI by allowing them to research the DSSI market cap history. |
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Video: The Importance of Market Cap
