SPX Technologies, Inc. is a global supplier of engineered products and technologies in the HVAC and detection and measurement markets. Its HVAC solutions include package and process cooling equipment, residential and commercial boilers, comfort heating and ventilation products, and engineered air movement solutions. The HVAC segment designs, manufactures, installs, and services these products for industrial, power generation, residential, and commercial markets. The Detection and Measurement segment provides underground pipe and cable locators, inspection and rehabilitation equipment, robotic systems, transportation systems, communication technologies, and obstruction lighting. We show 60 historical shares outstanding datapoints in our SPXC shares outstanding history coverage, used to compute SPXC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SPXC market cap history over the course of time is important for investors
interested in comparing SPXC'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 SPXC versus a peer is one thing; comparing
SPXC 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 SPXC can fluctuate over the course of history.
With this page we aim to empower investors researching SPXC by allowing them to research the SPXC market cap history. |
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Video: The Importance of Market Cap
