Mingzhu is a holding company. Through its subsidiaries, Co. provides trucking and delivery services using its truckload fleet and subcontractors in the People's Republic of China. Co. provides truckload services to sizeable logistics companies, freight forwarders, and warehouse operators. Co. operates various truckload fleet tractors and trailers. We show 1 historical shares outstanding datapoints in our YGMZ shares outstanding history coverage, used to compute YGMZ market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing YGMZ market cap history over the course of time is important for investors
interested in comparing YGMZ'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 YGMZ versus a peer is one thing; comparing
YGMZ 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 YGMZ can fluctuate over the course of history.
With this page we aim to empower investors researching YGMZ by allowing them to research the YGMZ market cap history. |
Free YGMZ Email Alerts:
Video: The Importance of Market Cap
