Plymouth Industrial REIT is a holding company. Through its subsidiaries, Co. is a self-administered and self-managed real estate investment trust focused on the acquisition, ownership, management, redevelopment and development of single and multi-tenant industrial properties, including distribution centers, warehouses, light industrial and small bay industrial properties, located in primary and secondary markets, as well as select sub-markets, with access to large pools of labor in the main industrial, distribution and logistics corridors of the U.S. Co. owns substantially all of its assets and conducts substantially all of its business through its subsidiary, Plymouth Industrial OP, LP. We show 18 historical shares outstanding datapoints in our PLYM shares outstanding history coverage, used to compute PLYM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PLYM market cap history over the course of time is important for investors
interested in comparing PLYM'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 PLYM versus a peer is one thing; comparing
PLYM 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 PLYM can fluctuate over the course of history.
With this page we aim to empower investors researching PLYM by allowing them to research the PLYM market cap history. |
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Video: The Importance of Market Cap
