Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted bases which include exotic instruments such as options, or convertibles bonds.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Nortech Shares Outstanding Assessment
Based on latest financial disclosure Nortech Systems Inc has 2.74 M of shares currently outstending. This is 99.47% lower than that of Technology sector, and 99.01% lower than that of Diversified Electronics industry, The Shares Outstanding for all stocks is 99.11% higher than the company.
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Nortech is currently under evaluation in shares outstanding category among related companies.
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