Ituran Location and Control Ltd. is a provider of location-based services, consisting of stolen vehicle recovery (SVR), fleet management services and other tracking services. Co. also provides wireless communication products used in connection with its location-based services and various other applications. Its operations consist of two segments: location-based services and wireless communications products. Its location-based services segment consists of its SVR and tracking services, fleet management and value-added services consisted of personal locater services and concierge services. We show 11 historical shares outstanding datapoints in our ITRN shares outstanding history coverage, used to compute ITRN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ITRN market cap history over the course of time is important for investors
interested in comparing ITRN'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 ITRN versus a peer is one thing; comparing
ITRN 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 ITRN can fluctuate over the course of history.
With this page we aim to empower investors researching ITRN by allowing them to research the ITRN market cap history. |
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Video: The Importance of Market Cap
