Sono-Tek Corporation is a developer and manufacturer of ultrasonic coating systems. Co.'s ultrasonic coating systems are used to apply thin films onto parts used in diverse industries including microelectronics, alternative energy, medical devices, advanced industrial manufacturing, and research and development sectors worldwide. It provides its customers a broad offering of ultrasonic spray coating equipment solutions custom suited for their requirements. Its products include fully integrated multi-axis coating systems, integrated coating systems, fluxing systems, original equipment manufacturer (OEM) systems and other related systems. We show 20 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. |
Free SOTK Email Alerts:
Video: The Importance of Market Cap
