P&F Industries conducts its business through a wholly-owned subsidiary, Continental Tool Group, Inc., which in turn operates through its wholly-owned subsidiaries, Florida Pneumatic Manufacturing Corporation (Florida Pneumatic) and Hy-Tech Machine, Inc. (Hy-Tech). Florida Pneumatic imports and sells pneumatic hand tools, including , grinders, drills, saws and impact wrenches, to the retail, industrial, automotive and aerospace markets. Hy-Tech designs, manufactures and distributes industrial tools, systems, gearing, accessories and a variety of replacement parts under various brands including ATP, Numatx, Thaxton and Quality Gear. We show 55 historical shares outstanding datapoints in our coverage of PFIN's shares outstanding history.
Understanding the changing numbers of PFIN shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PFIN 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 PFIN by allowing them to research PFIN shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
