WSI Industries is engaged in precision contract machining for the aerospace, communication, and industrial markets. The majority of Co.'s businesses involve the machining work for the aerospace/avionics/defense industries, recreational powersports vehicles (all terrain vehicle and motorcycle) markets, energy industry, automotive industry and bioscience industry. Co. manufactures metal components in medium to high volumes requiring tolerances as close as one ten-thousandth (.0001) of an inch. These components are manufactured in accordance with customer specifications using materials both purchased by Co. as well as being supplied by its customer. We show 34 historical shares outstanding datapoints in our WSCI shares outstanding history coverage, used to compute WSCI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WSCI market cap history over the course of time is important for investors
interested in comparing WSCI'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 WSCI versus a peer is one thing; comparing
WSCI 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 WSCI can fluctuate over the course of history.
With this page we aim to empower investors researching WSCI by allowing them to research the WSCI market cap history. |
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Video: The Importance of Market Cap
