ORBCOMM is a provider of Internet of Things (IoT) solutions, including network connectivity, devices, device management and web reporting applications. Co.'s IoT products and services are designed to track, monitor, control and enhance security for various assets, such as trailers, trucks, rail cars, sea containers, generators, fluid tanks, marine vessels, diesel or electric powered generators, oil and gas wells, pipeline monitoring equipment, irrigation control systems, and utility meters, in several industries including transportation and supply chain. Co. also provides satellite Automatic Identification Service data services to assist in vessel navigation and to improve maritime safety. We show 45 historical shares outstanding datapoints in our coverage of ORBC's shares outstanding history.
Understanding the changing numbers of ORBC shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ORBC 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 ORBC by allowing them to research ORBC shares outstanding history
as well as any other stock in our coverage universe. |
Video: Shares Outstanding Importance
