Hempacco is focused on Disrupting Tobacco™ by manufacturing and selling nicotine-free and tobacco-free alternatives to conventional cigarettes. Co. utilizes a patented spraying technology for terpene infusion and patent-pending flavored filter infusion technology to manufacture hemp and herb-based smokable alternatives. Co. has conducted research and development in the smokables space and is engaged in the manufacturing and sale of smokable hemp and herb products, including The Real Stuff™ Hemp Smokables. Co.'s operational segments include private label manufacturing and sales, intellectual property licensing, and the development and sales of inhouse brands using patented counter displays. We show 5 historical shares outstanding datapoints in our HPCO shares outstanding history coverage, used to compute HPCO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HPCO market cap history over the course of time is important for investors
interested in comparing HPCO'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 HPCO versus a peer is one thing; comparing
HPCO 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 HPCO can fluctuate over the course of history.
With this page we aim to empower investors researching HPCO by allowing them to research the HPCO market cap history. |
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Video: The Importance of Market Cap
