iFresh, through its subsidiary, NYM Holding, Inc., is an Asian/Chinese grocery supermarket chain in the North Eastern United States providing food and other merchandise in grocery stores. Co. has retail supermarkets across New York, Massachusetts and Florida. In addition to retail supermarkets, Co. operates one in-house wholesale business, Strong America Inc. (Strong America), that provides wholesale products and service to Co.'s retail supermarkets and external customers including wholesale stores, retail supermarkets and restaurants. Strong America is also a distributor of overseas brands, covering cooking wine, yellow wine, rice noodles, seasonings and spices and snacks. We show 18 historical shares outstanding datapoints in our IFMK shares outstanding history coverage, used to compute IFMK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IFMK market cap history over the course of time is important for investors
interested in comparing IFMK'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 IFMK versus a peer is one thing; comparing
IFMK 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 IFMK can fluctuate over the course of history.
With this page we aim to empower investors researching IFMK by allowing them to research the IFMK market cap history. |
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Video: The Importance of Market Cap
