Eastside Distilling, Inc. is engaged in producing craft spirits in Portland, Oregon. Co. operates through two segments: Craft Canning + Printing and Spirits. Its Craft Canning + Printing segment provides digital can printing services to customers in the craft beverage industry operating throughout the Pacific Northwest as well as other states. It also provides mobile canning services to the craft beverage industry in Oregon. In addition to these services, the Co. offers co-packing services from a single fixed site in Portland, Oregon. It offers co-packing services for non-alcoholic canned beverages, including CBD soda waters in Portland, Oregon. We show 32 historical shares outstanding datapoints in our EAST shares outstanding history coverage, used to compute EAST market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EAST market cap history over the course of time is important for investors
interested in comparing EAST'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 EAST versus a peer is one thing; comparing
EAST 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 EAST can fluctuate over the course of history.
With this page we aim to empower investors researching EAST by allowing them to research the EAST market cap history. |
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Video: The Importance of Market Cap
