Silo Pharma has developed the streetwear apparel brand, No Found Identification. Co.'s clothing brand features non-binary work wear-inspired clothing. Co.'s branded hooded sweatshirts, shirts, and hats are the initial product launch. Co.'s business model uses concepts of Less is More and utilizes social media and the Have to Have market. We show 7 historical shares outstanding datapoints in our SILO shares outstanding history coverage, used to compute SILO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SILO market cap history over the course of time is important for investors
interested in comparing SILO'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 SILO versus a peer is one thing; comparing
SILO 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 SILO can fluctuate over the course of history.
With this page we aim to empower investors researching SILO by allowing them to research the SILO market cap history. |
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Video: The Importance of Market Cap
