Twin Vee PowerCats is a designer, manufacturer and marketer of recreational and commercial power catamaran boats. Co. has organized its business into three operating segments: gas-powered boat segment, which manufactures and distributes gas-powered boats; electric-powered boat segment, which is developing electric boats, through its majority owned subsidiary, Forza X1, Inc.; and franchise segment, which is developing a standard product offering and will be selling franchises across the U.S. through its wholly owned subsidiary, Fix My Boat, Inc. Co.'s gas-powered boats allow consumers to use them for a wide range of recreational activities. We show 12 historical shares outstanding datapoints in our VEEE shares outstanding history coverage, used to compute VEEE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing VEEE market cap history over the course of time is important for investors
interested in comparing VEEE'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 VEEE versus a peer is one thing; comparing
VEEE 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 VEEE can fluctuate over the course of history.
With this page we aim to empower investors researching VEEE by allowing them to research the VEEE market cap history. |
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Video: The Importance of Market Cap
