Marine Products manufactures fiberglass motorized boats distributed and marketed through its independent dealer network. Co.'s product offerings include its subsidiary, Chaparral Boats, Inc.'s (Chaparral's) sterndrive and outboard pleasure boats and its another subsidiary, Robalo Boats, LLC's (Robalo's) outboard sport fishing boats. The Chaparral product line includes SSi Sport Boats, which are fiberglass sterndrive and outboard-powered, larger sport boats for larger groups. The Robalo product line includes Center Consoles, which are fiberglass outboard sport fishing boats for large freshwater lakes or saltwater use. We show 57 historical shares outstanding datapoints in our MPX shares outstanding history coverage, used to compute MPX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MPX market cap history over the course of time is important for investors
interested in comparing MPX'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 MPX versus a peer is one thing; comparing
MPX 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 MPX can fluctuate over the course of history.
With this page we aim to empower investors researching MPX by allowing them to research the MPX market cap history. |
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Video: The Importance of Market Cap
