Olympic Steel is a metals service center. Co. operates in three reportable segments: specialty metals flat products, which its product offerings include differing types of stainless flat-rolled sheet and coil and prime tin mill products; carbon flat products,which focus on the direct sale and distribution of processed carbon and coated flat-rolled sheet, coil and plate products and fabricated parts; and tubular and pipe products, which distributes metal tubing, pipe, bar, valve and fittings and fabricate pressure parts supplied to various industrial markets. We show 57 historical shares outstanding datapoints in our ZEUS shares outstanding history coverage, used to compute ZEUS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ZEUS market cap history over the course of time is important for investors
interested in comparing ZEUS'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 ZEUS versus a peer is one thing; comparing
ZEUS 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 ZEUS can fluctuate over the course of history.
With this page we aim to empower investors researching ZEUS by allowing them to research the ZEUS market cap history. |
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Video: The Importance of Market Cap
