Nesco Holdings is a holding company. Through its subsidiary, NESCO, LLC, Co. is a specialty equipment rental provider to the electric utility transmission and distribution, telecommunications and rail industries in North America. Co. owns a fleet of specialty rental equipment that is utilized by service providers in infrastructure improvement work. Co. operates in two segments: Equipment Rental and Sales, which provides specialty equipment rental solutions to customers as well as sells new and used equipment; and Parts, Tools and Accessories, which provides customers sale and rental solutions for parts, tools and accessories to complement Co.'s specialty equipment fleet. We show 8 historical shares outstanding datapoints in our coverage of NSCO's shares outstanding history.
Understanding the changing numbers of NSCO shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like NSCO 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 NSCO by allowing them to research NSCO shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
