Flotek Industries, Inc. is a technology-driven, specialty green chemistry and data company. Co.'s segments include Chemistry Technologies and Data Analytics. Co.'s Chemistry Technologies segment designs, develops, manufactures, packages and distributes green, specialty chemicals that help customers improve their return on invested capital, lower operational costs and realize tangible environmental benefits aimed at enhancing the profitability of hydrocarbon producers. Co.'s Data Analytics segment provides analytics associated with their hydrocarbon streams in seconds rather than minutes or days. We show 62 historical shares outstanding datapoints in our FTK shares outstanding history coverage, used to compute FTK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FTK market cap history over the course of time is important for investors
interested in comparing FTK'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 FTK versus a peer is one thing; comparing
FTK 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 FTK can fluctuate over the course of history.
With this page we aim to empower investors researching FTK by allowing them to research the FTK market cap history. |
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Video: The Importance of Market Cap
