Edible Garden AG Incorporated is a controlled environmental agriculture (CEA) farming company. Co. uses the controlled environment of traditional greenhouse structures, such as glass greenhouses, together with hydroponic and vertical greenhouses to sustainably grow organic herbs, lettuces and floral products. In its hydroponic greenhouse, it grows plants without soil. In addition to using hydroponic and vertical greenhouse systems, the Co. uses a closed loop system in its greenhouses. In its closed loop system, it also cycles water back into the system that has been collected through reverse osmosis. We show 9 historical shares outstanding datapoints in our EDBL shares outstanding history coverage, used to compute EDBL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EDBL market cap history over the course of time is important for investors
interested in comparing EDBL'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 EDBL versus a peer is one thing; comparing
EDBL 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 EDBL can fluctuate over the course of history.
With this page we aim to empower investors researching EDBL by allowing them to research the EDBL market cap history. |
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Video: The Importance of Market Cap
