Universal Electronics designs, develops, manufactures and ships control and sensor technology solutions and a line of pre-programmed and universal control products, audio-video accessories, and intelligent wireless security and smart home products. Co. provides subscription broadcasting providers with its universal remote control devices and integrated circuits, on which its software and device code libraries are embedded. Co. also sells integrated circuits, on which its software and device control code libraries are embedded, and licenses its device control solutions to original equipment manufacturers that manufacture televisions, digital audio and video players, and streamer boxes. We show 45 historical shares outstanding datapoints in our UEIC shares outstanding history coverage, used to compute UEIC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing UEIC market cap history over the course of time is important for investors
interested in comparing UEIC'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 UEIC versus a peer is one thing; comparing
UEIC 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 UEIC can fluctuate over the course of history.
With this page we aim to empower investors researching UEIC by allowing them to research the UEIC market cap history. |
Video: The Importance of Market Cap
