ZK International Group is a holding company. Through its subsidiaries, Co. focuses on providing systematic solutions to construction projects. Co. engages in designing and producing pipes and fittings such as double-press thin-walled stainless steel tubes and fittings, carbon steel tubes and fittings and single-press tubes and fittings. Co.'s products provide a suite of solutions for use in the construction and infrastructure industries. Co.'s products are used in a range of applications, including water and gas transmission within urban infrastructural development, residential housing development, food and beverage production, oil and gas exploitation, and agricultural irrigation. We show 5 historical shares outstanding datapoints in our ZKIN shares outstanding history coverage, used to compute ZKIN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ZKIN market cap history over the course of time is important for investors
interested in comparing ZKIN'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 ZKIN versus a peer is one thing; comparing
ZKIN 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 ZKIN can fluctuate over the course of history.
With this page we aim to empower investors researching ZKIN by allowing them to research the ZKIN market cap history. |
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Video: The Importance of Market Cap
