Edible Garden AG is a controlled environment agriculture farming company. Co. uses agricultural growing techniques together with technology to grow fresh, organic food, sustainably using the controlled environment of greenhouse structures, such as glass greenhouses, together with hydroponic and vertical greenhouses to sustainably grow organic herbs and lettuces. Co. is also a retail seller of hydroponic produce, which is distributed throughout the Northeast and Midwest. Co.'s products are sold at various supermarkets. Co.'s target customers are those individuals seeking fresh produce using environmentally sustainable methods. We show 6 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. |
Free EDBL Email Alerts:
Video: The Importance of Market Cap
