GreenPower Motor Co is an Original Equipment Manufacturer (OEM) of Class 4-8 commercial, heavy-duty bus vehicles for products ranging from a 25-foot Min-eBus to a 45-foot double decker bus. Co. is engaged in the business of manufacturing and distributing all-electric transit, school and charter buses. Co. designs, builds and distributes a suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van, and a cab and chassis. Co. employs a clean-sheet design to manufacture all-electric vehicles that are purpose built to be battery powered with zero emissions while integrating global suppliers for key components. We show 2 historical shares outstanding datapoints in our GP shares outstanding history coverage, used to compute GP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GP market cap history over the course of time is important for investors
interested in comparing GP'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 GP versus a peer is one thing; comparing
GP 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 GP can fluctuate over the course of history.
With this page we aim to empower investors researching GP by allowing them to research the GP market cap history. |
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Video: The Importance of Market Cap
