Shimmick is a provider of water and other infrastructure solutions. Through its subsidiaries, Co. is engaged in the building of dams and reservoirs, water supply, water treatment, desalination plants and mass transit; and provide operations and maintenance of the infrastructure projects in U.S. We show 6 historical shares outstanding datapoints in our SHIM shares outstanding history coverage, used to compute SHIM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SHIM market cap history over the course of time is important for investors
interested in comparing SHIM'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 SHIM versus a peer is one thing; comparing
SHIM 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 SHIM can fluctuate over the course of history.
With this page we aim to empower investors researching SHIM by allowing them to research the SHIM market cap history. |
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Video: The Importance of Market Cap
