Global Water Resources, Inc. is a water resource management company. It owns, operates, and manages 29 water, wastewater, and recycled water systems in strategically located communities, principally in metropolitan Phoenix and Tucson, Arizona. It seeks to deploy an integrated approach, referred to as Total Water Management. Total Water Management is a comprehensive approach to water utility management that reduces demand on scarce non-renewable water sources and costly renewable water supplies, in a manner that ensures sustainability and communities both environmentally and economically. We show 35 historical shares outstanding datapoints in our GWRS shares outstanding history coverage, used to compute GWRS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GWRS market cap history over the course of time is important for investors
interested in comparing GWRS'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 GWRS versus a peer is one thing; comparing
GWRS 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 GWRS can fluctuate over the course of history.
With this page we aim to empower investors researching GWRS by allowing them to research the GWRS market cap history. |
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Video: The Importance of Market Cap
