Smith-Midland invents, develops, manufactures, markets, leases, licenses, sells, and installs an array of precast concrete products and systems for use in the construction, highway, utilities and farming industries through its subsidiaries. Co.'s products include: SlenderWall®, a lightweight, energy efficient concrete and steel exterior wall panel for use in building construction; J-J Hooks® Highway Safety Barrier, a positive-connected highway safety barrier; SoftSound™, a proprietary sound absorptive finish used on the face of sound barriers to absorb traffic noise; Sierra Wall™, a sound barrier primarily for roadside use; and Easi-Set® and Easi-Span® transportable concrete buildings. We show 13 historical shares outstanding datapoints in our SMID shares outstanding history coverage, used to compute SMID market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SMID market cap history over the course of time is important for investors
interested in comparing SMID'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 SMID versus a peer is one thing; comparing
SMID 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 SMID can fluctuate over the course of history.
With this page we aim to empower investors researching SMID by allowing them to research the SMID market cap history. |
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Video: The Importance of Market Cap
