P.A.M. Transportation Services is a holding company. Through its subsidiaries, Co. operates as a truckload transportation and logistics company. Co. also provides transportation services in Mexico under agreements with Mexican carriers. Co.'s operations can be classified into truckload services or brokerage and logistics services. Truckload services are performed by Co. divisions that generally utilize Co.-owned trucks, long-term contractors, or single-trip contractors to transport loads of freight for customers, while brokerage and logistics services coordinate or facilitate the transport of loads of freight for customers and generally involve the utilization of single-trip contractors. We show 59 historical shares outstanding datapoints in our PTSI shares outstanding history coverage, used to compute PTSI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PTSI market cap history over the course of time is important for investors
interested in comparing PTSI'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 PTSI versus a peer is one thing; comparing
PTSI 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 PTSI can fluctuate over the course of history.
With this page we aim to empower investors researching PTSI by allowing them to research the PTSI market cap history. |
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Video: The Importance of Market Cap
