LightPath Technologies, Inc. is a global, vertically integrated provider of optics, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries. Co. designs and manufactures optical and infrared components including molded glass aspheric lenses and assemblies, custom molded glass freeform lenses, infrared lenses and thermal imaging assemblies, fused fiber collimators, and BlackDiamond (BD6) chalcogenide-based glass lenses. It also offers custom optical assemblies, including full engineering design support. We show 64 historical shares outstanding datapoints in our LPTH shares outstanding history coverage, used to compute LPTH market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LPTH market cap history over the course of time is important for investors
interested in comparing LPTH'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 LPTH versus a peer is one thing; comparing
LPTH 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 LPTH can fluctuate over the course of history.
With this page we aim to empower investors researching LPTH by allowing them to research the LPTH market cap history. |
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Video: The Importance of Market Cap
