Taronis Technologies is a technology company that utilizes a plasma based system for the gasification and sterilization of liquid waste. Co. sells two products: its proprietary fuel, MagneGas2®, for use in the metal working industry, the machines that produce MagneGas2®, known as Plasma Arc Flow® refineries. In addition, Co. sells metal cutting fuels and ancillary products through Equipment Sales and Services, Inc., GGNG Enterprises, Inc. and Green Arc Supply, L.L.C. subsidiaries. We show 6 historical shares outstanding datapoints in our MNGA shares outstanding history coverage, used to compute MNGA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MNGA market cap history over the course of time is important for investors
interested in comparing MNGA'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 MNGA versus a peer is one thing; comparing
MNGA 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 MNGA can fluctuate over the course of history.
With this page we aim to empower investors researching MNGA by allowing them to research the MNGA market cap history. |
Free MNGA Email Alerts:
Video: The Importance of Market Cap
