Gorman-Rupp designs, manufactures and sells pumps and pump systems for use in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating and air conditioning, military and other liquid-handling applications. Co.'s product line consists of pump models ranging in size from 1/4 inches to nearly 15 ft. and ranging in several rated capacity. The types of pumps which Co. produces include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed-flow, vertical turbine line shaft, submersible, high-pressure booster, rotary gear, diaphragm, bellows and oscillating. We show 58 historical shares outstanding datapoints in our coverage of GRC's shares outstanding history.
Understanding the changing numbers of GRC shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like GRC 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 GRC by allowing them to research GRC shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
