Sono-Tek is engaged in the design and manufacture of ultrasonic coating systems for applying thin film coatings to add functional properties, protect or strengthen surfaces on parts and components for the microelectronics/electronics, alternative energy, medical, industrial and emerging research and development/other markets. Co. designs and manufactures custom-engineered ultrasonic coating systems incorporating its technology, in combination with applications engineering knowledge. Co.'s products include Multi-Axis Coating Systems, Integrated Coating Systems, Fluxing Systems, OEM Systems and other related systems. Co. also provides application consulting services. We show 12 historical shares outstanding datapoints in our SOTK shares outstanding history coverage, used to compute SOTK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SOTK market cap history over the course of time is important for investors
interested in comparing SOTK'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 SOTK versus a peer is one thing; comparing
SOTK 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 SOTK can fluctuate over the course of history.
With this page we aim to empower investors researching SOTK by allowing them to research the SOTK market cap history. |
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Video: The Importance of Market Cap
