| Taronis Technologies is a technology-based company that is focused on addressing the constraints on natural resources, including fuel and water. Co.'s two main technology applications: renewable fuel gasification and water decontamination/sterilization are derived from Co.'s patented and proprietary Plasma Arc Flow System. The Plasma Arc Flow System works by generating a combination of electric current, heat, ultraviolet light and ozone, that affects the feedstock run through the system to create a chosen outcome, depending on whether the system is in gasification mode or sterilization mode. We show 7 historical shares outstanding datapoints in our TRNX shares outstanding history coverage, used to compute TRNX market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TRNX market cap history over the course of time is important for investors
interested in comparing TRNX'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 TRNX versus a peer is one thing; comparing
TRNX 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 TRNX can fluctuate over the course of history.
With this page we aim to empower investors researching TRNX by allowing them to research the TRNX market cap history.