Optical Cable Corporation is a manufacturer of a range of fiber optic and copper data communication cabling and connectivity solutions. Its product offerings include designs for uses ranging from enterprise networks, data centers, residential, campus and passive optical LAN (POL) installations to customized products for specialty applications and other markets, including military, industrial, mining, petrochemical, renewable energy, and broadcast applications, and for the wireless carrier market. We show 60 historical shares outstanding datapoints in our OCC shares outstanding history coverage, used to compute OCC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing OCC market cap history over the course of time is important for investors
interested in comparing OCC'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 OCC versus a peer is one thing; comparing
OCC 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 OCC can fluctuate over the course of history.
With this page we aim to empower investors researching OCC by allowing them to research the OCC market cap history. |
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Video: The Importance of Market Cap
