| TESSCO Technologies is a technology distributor, manufacturer, and solutions provider serving commercial and retail customers in the wireless infrastructure and mobile device accessories markets. Co. supplies products from manufacturers in mobile communications, Wi-Fi, Internet of Things, and wireless backhaul. Co.'s segments are commercial and retail. The commercial segment consists of the following two markets: public carriers that are responsible for building and maintaining the infrastructure system and provide airtime service to individual subscribers; and value-added resellers and integrators. The retail segment includes retailers, independent dealer agents and carriers. We show 47 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.