Schmitt Industries is engaged in providing test and measurement products and services. Co. operates as two segments: Measurement Segment (SMS) and the Ice Cream Segment. In SMS, Co.'s measurement solutions support a range of industries through laser solution products, applications, and its tank monitoring products. These products and services include the Acuity™ and Xact™ product lines. Co.'s Ice Cream Segment is comprised of Ample Hills Holdings, Inc. and Ample Hills Creamery, Inc. and their subsidiaries. Co. also sells ice cream cakes, serves ice cream at catering events, and holds a variety of community-building events such as ice cream classes and comedy and music performances. We show 54 historical shares outstanding datapoints in our coverage of SMIT's shares outstanding history.
Understanding the changing numbers of SMIT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SMIT 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 SMIT by allowing them to research SMIT shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
