ReTo Eco-Solutions is a holding company. Through its subsidiaries, Co. manufactures and distributes construction materials (aggregates, bricks, pavers and tiles), made from mining waste (iron tailings) and fly-ash, as well as equipment used for the production of these construction materials. In addition, Co. provides consultation, design, project implementation and construction of urban ecological environments. Co. also provides parts, engineering support, consulting, technical advice and service, and other project-related solutions for its manufacturing equipment and environmental protection projects. Co. is pursuing additional markets for its products, equipment and projects. We show 5 historical shares outstanding datapoints in our RETO shares outstanding history coverage, used to compute RETO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RETO market cap history over the course of time is important for investors
interested in comparing RETO'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 RETO versus a peer is one thing; comparing
RETO 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 RETO can fluctuate over the course of history.
With this page we aim to empower investors researching RETO by allowing them to research the RETO market cap history. |
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Video: The Importance of Market Cap
