Geospace Technologies principally designs and manufactures seismic instruments and equipment. These seismic products are marketed to the oil and gas industry and used to locate, characterize and monitor hydrocarbon producing reservoirs. Co. also markets its seismic products to other industries for vibration monitoring, border and perimeter security and various geotechnical applications. Co. designs and manufactures other products of a non-seismic nature, including water meter products, imaging equipment, offshore cables, remote shutoff water valves and Internet of Things platform and provides contract manufacturing services. We show 55 historical shares outstanding datapoints in our GEOS shares outstanding history coverage, used to compute GEOS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GEOS market cap history over the course of time is important for investors
interested in comparing GEOS'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 GEOS versus a peer is one thing; comparing
GEOS 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 GEOS can fluctuate over the course of history.
With this page we aim to empower investors researching GEOS by allowing them to research the GEOS market cap history. |
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Video: The Importance of Market Cap
