Pure Cycle is a water resource and land development company. Co. is a wholesale water and wastewater service provider that develops land it owns into master planned communities. Co.'s primary business is the development of single-family homes held for rental purposes. Co. operates in two reportable business segments: wholesale water and wastewater services, which owns or controls the water and infrastructure required to withdraw, treat, store and deliver water, and collect, treat, store and reuse wastewater; and land development, which owns an undeveloped land in unincorporated Arapahoe County that is developing as the master planned community known as Sky Ranch. We show 57 historical shares outstanding datapoints in our coverage of PCYO's shares outstanding history.
Understanding the changing numbers of PCYO shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PCYO 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 PCYO by allowing them to research PCYO shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
