TESSCO Technologies is a technology distributor, manufacturer, and solutions provider serving customers in the wireless infrastructure market. Co. supplies products from manufacturers in mobile communications, Wi-Fi, Internet of Things (IoT), 5G, wireless backhaul, and more. Co. provides its customers with products and solutions to help them support these primary applications, including: Distributed Antenna Systems for In-Building Cellular and Public Safety Coverage, First Responder Communications and FirstNet™, IoT, Microwave, Power Systems, Small Cell and Macro Cell Wireless Base Station Infrastructure, including 5G buildouts, In-Vehicle and Mobile Communications, and Wi-Fi Networks. We show 57 historical shares outstanding datapoints in our TESS shares outstanding history coverage, used to compute TESS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TESS market cap history over the course of time is important for investors
interested in comparing TESS'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 TESS versus a peer is one thing; comparing
TESS 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 TESS can fluctuate over the course of history.
With this page we aim to empower investors researching TESS by allowing them to research the TESS market cap history. |
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Video: The Importance of Market Cap
