Star Bulk Carriers is a holding company. Through its subsidiaries, Co. owns and operates a fleet of dry bulk carrier vessels. Co.'s vessels transport a range of bulk commodities, including iron ore, minerals and grain, bauxite, fertilizers and steel products, along worldwide shipping routes. Each of Co.'s vessels are equipped with a vessel remote monitoring system that provides data to monitor fuel and lubricant consumption and efficiency on a real-time basis. Co. conducts a portion of the commercial and technical management of its vessels in-house through its subsidiaries, Star Bulk Management Inc., Star Bulk Shipmanagement Company (Cyprus) Limited and Starbulk S.A. We show 5 historical shares outstanding datapoints in our SBLK shares outstanding history coverage, used to compute SBLK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SBLK market cap history over the course of time is important for investors
interested in comparing SBLK'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 SBLK versus a peer is one thing; comparing
SBLK 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 SBLK can fluctuate over the course of history.
With this page we aim to empower investors researching SBLK by allowing them to research the SBLK market cap history. |
Free SBLK Email Alerts:
Video: The Importance of Market Cap
