Tennant is a manufacturer of floor cleaning equipment. Co. provides products and solutions consisting of mechanized cleaning equipment for both industrial and commercial use, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and business solutions such as financing, rental and leasing programs, and machine-to-machine asset management solutions. Co.'s products are used in various types of environments including: retail establishments, distribution centers, factories and warehouses, public venues such as arenas and stadiums, office buildings, schools and universities, parking lots and streets, and more. We show 57 historical shares outstanding datapoints in our TNC shares outstanding history coverage, used to compute TNC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TNC market cap history over the course of time is important for investors
interested in comparing TNC'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 TNC versus a peer is one thing; comparing
TNC 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 TNC can fluctuate over the course of history.
With this page we aim to empower investors researching TNC by allowing them to research the TNC market cap history. |
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Video: The Importance of Market Cap
