Orion is a global manufacturer of carbon black products. Carbon black is a powdered form of carbon that is used to create the physical, electrical and optical qualities of various materials. Carbon black products are used as additives for the production of polymers, printing inks and coatings and in the reinforcement of rubber polymers. Co.'s business segments are: Specialty Carbon Black, in which Co. manufactures specialty carbon black for a range of applications such as polymers, printing, batteries and coatings applications; and Rubber Carbon Black, in which Co.'s rubber carbon black products are used in tires and mechanical rubber goods. We show 23 historical shares outstanding datapoints in our OEC shares outstanding history coverage, used to compute OEC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing OEC market cap history over the course of time is important for investors
interested in comparing OEC'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 OEC versus a peer is one thing; comparing
OEC 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 OEC can fluctuate over the course of history.
With this page we aim to empower investors researching OEC by allowing them to research the OEC market cap history. |
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Video: The Importance of Market Cap
