Roadrunner Transportation Systems is an asset-right transportation and asset-light logistics service provider providing a suite of solutions under the Roadrunner, Active On-Demand and Ascent Global Logistics brands. Co. has three segments: Truckload and Express Services, which provides air and ground expedite services, scheduled truckload services, intermodal services, temperature-controlled truckload services, and other truckload and logistics services; Less-than-Truckload (LTL), which involves the pickup, consolidation, linehaul, deconsolidation, and delivery of LTL shipments; and Ascent Global Logistics, which provides domestic freight management solutions. We show 41 historical shares outstanding datapoints in our RRTS shares outstanding history coverage, used to compute RRTS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RRTS market cap history over the course of time is important for investors
interested in comparing RRTS'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 RRTS versus a peer is one thing; comparing
RRTS 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 RRTS can fluctuate over the course of history.
With this page we aim to empower investors researching RRTS by allowing them to research the RRTS market cap history. |
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Video: The Importance of Market Cap
