Rex American Resources Corporation is an ethanol production company. Co. operates through the ethanol and by-products segment. Its ethanol operations are focused on corn, ethanol, distillers' grains, non-food grade corn oil and natural gas. Co. has interests in over six ethanol production facilities, which in aggregate shipped approximately 730 million gallons of ethanol. Co. has ownership of the gallons shipped by the ethanol production facilities, which has ownership interests in approximately 300 million gallons. Co. operates through its subsidiaries, including One Earth Energy, LLC (One Earth), NuGen Energy, LLC (NuGen) and Big River Resources, LLC (Big River). We show 58 historical shares outstanding datapoints in our REX shares outstanding history coverage, used to compute REX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing REX market cap history over the course of time is important for investors
interested in comparing REX'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 REX versus a peer is one thing; comparing
REX 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 REX can fluctuate over the course of history.
With this page we aim to empower investors researching REX by allowing them to research the REX market cap history. |
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Video: The Importance of Market Cap
