Simpson Manufacturing, through its wholly owned subsidiary, Simpson Strong-Tie Company Inc., designs, engineers and is a manufacturer of wood and concrete building construction products. Co.'s wood construction products are used in light-frame construction and include connectors, truss plates, fastening systems, fasteners and pre-fabricated lateral resistive systems. Co.'s concrete construction products are used in concrete, masonry and steel construction and include adhesives, chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber reinforced materials and other repair products. We show 57 historical shares outstanding datapoints in our SSD shares outstanding history coverage, used to compute SSD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SSD market cap history over the course of time is important for investors
interested in comparing SSD'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 SSD versus a peer is one thing; comparing
SSD 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 SSD can fluctuate over the course of history.
With this page we aim to empower investors researching SSD by allowing them to research the SSD market cap history. |
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Video: The Importance of Market Cap
