Performance Shipping is a holding company. Through its subsidiaries, Co. owns and operates containerships and pursues containership acquisition opportunities. Each of Co.'s vessels is owned by a separate wholly-owned subsidiary. As of Dec. 31, 2017, Co.'s fleet consisted of five panamax and six post-panamax containerships with a combined carrying capacity of 57,778 TEU. We show 3 historical shares outstanding datapoints in our coverage of DCIX's shares outstanding history.
Understanding the changing numbers of DCIX shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like DCIX versus peers —
is critical for investors. 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.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching DCIX by allowing them to research DCIX shares outstanding history
as well as any other stock in our coverage universe. |
Video: Shares Outstanding Importance
