Virco Manufacturing is engaged in the design, production and distribution of furniture. Major products include mobile tables, mobile storage equipment, desks, computer furniture, chairs, activity tables, folding chairs and folding tables. Co. has worked with designers to develop additional products for contemporary applications. Co. is a furniture and equipment supplier for convention centers and arenas; the hospitality industry with respect to banquet and meeting facilities; government facilities at the federal, state, county and municipal levels; and places of worship. Co. also sells to wholesalers, distributors, retailers and catalog retailers that serve these same markets. We show 55 historical shares outstanding datapoints in our VIRC shares outstanding history coverage, used to compute VIRC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing VIRC market cap history over the course of time is important for investors
interested in comparing VIRC'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 VIRC versus a peer is one thing; comparing
VIRC 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 VIRC can fluctuate over the course of history.
With this page we aim to empower investors researching VIRC by allowing them to research the VIRC market cap history. |
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Video: The Importance of Market Cap
