Horizon Global is a designer, manufacturer and distributor of a variety of custom-engineered towing, trailering, cargo management products and other related accessory products, serving the aftermarket, automotive original equipment manufacturers and automotive original equipment servicers, retail, e-commerce and industrial channels. Co. has two operating segments: Horizon Americas, which is engaged in towing and trailering-related products sold through the aftermarket, OE, retail, e-commerce and industrial channels in the geographies where it operates; Horizon Europe-Africa, which focuses their sales and manufacturing efforts outside of North America. We show 29 historical shares outstanding datapoints in our HZN shares outstanding history coverage, used to compute HZN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HZN market cap history over the course of time is important for investors
interested in comparing HZN'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 HZN versus a peer is one thing; comparing
HZN 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 HZN can fluctuate over the course of history.
With this page we aim to empower investors researching HZN by allowing them to research the HZN market cap history. |
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Video: The Importance of Market Cap
