Phoenix Motor is a holding company. Through its subsidiaries, Co. designs, assembles, and integrates electric drive systems and light and medium duty electric vehicles and markets and sells electric vehicle chargers for the commercial and residential markets. Co. operates two primary brands, Phoenix Motorcars, which is focused on commercial products including medium duty electric vehicles, chargers and electric forklifts, and EdisonFuture, which provides light-duty electric vehicles. Co. sells its products both fully integrated into complete vehicles and in kit form to other business partners for integration in the same vehicle platforms. We show 3 historical shares outstanding datapoints in our coverage of PEV's shares outstanding history.
Understanding the changing numbers of PEV shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PEV 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 PEV by allowing them to research PEV shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
