Polar Power, Inc. is a provider of direct current (DC) advanced power and cooling systems. Co.'s product portfolio includes products for telecom, military, renewable energy, marine, automotive, residential, commercial, oil field and mining applications. Its systems can be configured to operate on any energy source, including photovoltaics, diesel, LPG (propane and butane), and renewable fuels. Its telecom power solutions offer cost savings with installation, permitting, site leases, and operation. Its military solutions provide power solutions for robotics, drones, communications, hybrid propulsion, and other applications. We show 34 historical shares outstanding datapoints in our POLA shares outstanding history coverage, used to compute POLA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing POLA market cap history over the course of time is important for investors
interested in comparing POLA'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 POLA versus a peer is one thing; comparing
POLA 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 POLA can fluctuate over the course of history.
With this page we aim to empower investors researching POLA by allowing them to research the POLA market cap history. |
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Video: The Importance of Market Cap
