Electro-Sensors manufactures and sells industrial production monitoring and process control systems that measure machine production and operation rates, and regulate the speed of related machines in production processes. Co.'s speed monitoring systems compare revolutions per minute or speed against acceptable rates as determined by its customer. Co.'s speed monitoring systems include a line of products that measure production counts or rates, such as parts, gallons per minute, or board feet. These speed monitoring systems also include alarm systems, tachometers, and other devices that translate impulses from the sensors into alarm signals, computer inputs, or digital displays. We show 56 historical shares outstanding datapoints in our ELSE shares outstanding history coverage, used to compute ELSE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ELSE market cap history over the course of time is important for investors
interested in comparing ELSE'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 ELSE versus a peer is one thing; comparing
ELSE 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 ELSE can fluctuate over the course of history.
With this page we aim to empower investors researching ELSE by allowing them to research the ELSE market cap history. |
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Video: The Importance of Market Cap
