FTC Solar is a provider of solar tracker systems, supported by software and engineering services. Co.'s tracker systems are marketed under the Voyager brand name (Voyager Tracker), a two-panel in-portrait single-axis tracker solution. Co.'s solar solutions span a range of applications, including ground mount, tracker, canopy, and rooftop. Co. is engaged primarily in the sale of: Voyager Tracker and customized components of Voyager Tracker, individual parts of Voyager Tracker, shipping and handling services, term-based software licenses, maintenance and support services for the term-based software licenses, and subscription services. We show 13 historical shares outstanding datapoints in our FTCI shares outstanding history coverage, used to compute FTCI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FTCI market cap history over the course of time is important for investors
interested in comparing FTCI'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 FTCI versus a peer is one thing; comparing
FTCI 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 FTCI can fluctuate over the course of history.
With this page we aim to empower investors researching FTCI by allowing them to research the FTCI market cap history. |
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Video: The Importance of Market Cap
