Energy Recovery designs and manufactures solutions for industrial processes. Co. has developed technology and engineering capabilities through its pressure exchanger technology, which reduce waste and energy consumption in high-pressure industrial fluid-flow systems. In addition, Co. has and developed ancillary devices, such as its hydraulic turbochargers and boosters, that complement its energy recovery devices. Co.'s solutions are marketed, sold in, or developed for, the fluid-flow and gas markets, such as seawater and industrial wastewater desalination, natural gas, chemical processing and refrigeration. We show 55 historical shares outstanding datapoints in our ERII shares outstanding history coverage, used to compute ERII market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ERII market cap history over the course of time is important for investors
interested in comparing ERII'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 ERII versus a peer is one thing; comparing
ERII 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 ERII can fluctuate over the course of history.
With this page we aim to empower investors researching ERII by allowing them to research the ERII market cap history. |
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Video: The Importance of Market Cap
