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Shares authorized Definition
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italization) The sum derived from the current stock price per share times the total number of shares outstanding. Although the market cap of a company is an indication of the value of the company, it is only a temporary metric based on the current stock market. The true value of the company (its profits, product positioning, balance sheet, etc.) may not be reflected in the market cap. Of course, the perfect example occurred during the dot-com explosion of the late 1990s, when the market caps of many companies that never made a dime in profit rose to astronomical heights. Conversely, a company can be doing well, but still ...
ATHENS, GREECE–(Marketwire – August 10, 2010) – Euroseas Ltd. (NASDAQ: ESEA), an owner andoperator of drybulk and container carrier vessels and provider of seabornetransportation for drybulk and containerized cargoes, announced today itsresults for the three and six-month periods ended June 30, 2010. Second Quarter 2010 Highlights: – Net income of $0.5 million or $0.02 per share basic and diluted on total net revenues of $13.7 million. ... Read More
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