Pineapple Energy classifies its business operations into its Services and Support segment. The Services and Support segment provides technology solutions including network resiliency, security products and services, network virtualization, and cloud migrations, information technology managed services, wired and wireless network design and implementation, and converged infrastructure configuration, deployment and management; and designs, develops, and sells SD-WAN (software-designed wide-area network) solutions. We show 3 historical shares outstanding datapoints in our PEGY shares outstanding history coverage, used to compute PEGY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PEGY market cap history over the course of time is important for investors
interested in comparing PEGY'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 PEGY versus a peer is one thing; comparing
PEGY 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 PEGY can fluctuate over the course of history.
With this page we aim to empower investors researching PEGY by allowing them to research the PEGY market cap history. |
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Video: The Importance of Market Cap
