Cannagistics Stock

Cannagistics Market capitalization 2024

Cannagistics Market capitalization

151.2 USD

Ticker

CNGT

ISIN

US13767H1086

WKN

A2PKXR

In 2024, Cannagistics's market cap stood at 151.2 USD, a -99.86% increase from the 108,034.67 USD market cap in the previous year.

The Cannagistics Market capitalization history

YEARMarket Capitalization (undefined USD)
20210
20202.66
20196.12
20188.09
201737.27
201670.86
20153.71
20140.4
20130
20120
20080.02
20070.09

Cannagistics Aktienanalyse

What does Cannagistics do?

Cannagistics Inc is a company that specializes in the cultivation, processing, and distribution of legal hemp products. The company was founded in 2015 and is based in San Francisco, California. The establishment of Cannagistics Inc is in response to the growing demand for legal hemp products, especially after the legalization of cannabis in several US states. Cannagistics Inc specializes in producing and marketing high-quality hemp products and offers a wide range of products. The company produces and sells hemp oil, hemp seeds, hemp protein powder, hemp tea, e-liquids for e-cigarettes, and CBD tinctures. The focus is on products with high CBD content, as they are considered particularly effective in treating various conditions. The company works closely with hemp farms and processors to ensure that all products are of the highest quality. Cannagistics Inc controls the entire manufacturing process, from cultivating the hemp plants to the final processing of the products. The company ensures transparency regarding the origin and composition of the products and has an excellent reputation for its high standards of quality and purity. Cannagistics Inc is divided into various business areas. One area is the cultivation of hemp plants on its own farms and in collaboration with partners. The farms are operated according to the highest standards for organic cultivation, and the hemp plants are carefully selected and bred to ensure high CBD levels. Another business area is the processing of hemp products. The company operates a modern processing facility where the hemp plants are processed into various products. Here, the hemp plants are processed and processed using state-of-the-art technology to unleash their optimal effects. Another important business area is the sale of hemp products to consumers. Cannagistics Inc distributes its products online and through wholesale to retailers and other companies that use hemp products, such as cosmetics and food manufacturers. Cannagistics Inc has experienced strong expansion in recent years, and the company plans for further growth in the future. The company plans to expand its product line by introducing new products and improving existing ones. Furthermore, Cannagistics Inc plans to enter new markets in the near future to expand the distribution of its products. Overall, Cannagistics Inc holds a strong position in the hemp product market and has an excellent reputation for its products and business model. The company places great importance on quality, transparency, and innovation, and these values have helped it become one of the leading companies in its industry in a short period of time. Cannagistics ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Cannagistics's Market Capitalization

Cannagistics's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Cannagistics's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Cannagistics's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Cannagistics’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Cannagistics stock

What is the current Cannagistics market capitalization?

The current market capitalization of Cannagistics is 151.2 USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Cannagistics.

How has the market capitalization of Cannagistics developed in recent years?

The market capitalization of Cannagistics has increased/decreased by -99.86% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Cannagistics?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Cannagistics?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Cannagistics have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Cannagistics pay?

Over the past 12 months, Cannagistics paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Cannagistics is expected to pay a dividend of 0 USD.

What is the dividend yield of Cannagistics?

The current dividend yield of Cannagistics is .

When does Cannagistics pay dividends?

Cannagistics pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Cannagistics?

Cannagistics paid dividends every year for the past 0 years.

What is the dividend of Cannagistics?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Cannagistics located?

Cannagistics is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Cannagistics kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cannagistics from 10/1/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/1/2024.

When did Cannagistics pay the last dividend?

The last dividend was paid out on 10/1/2024.

What was the dividend of Cannagistics in the year 2023?

In the year 2023, Cannagistics distributed 0 USD as dividends.

In which currency does Cannagistics pay out the dividend?

The dividends of Cannagistics are distributed in USD.

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Andere Kennzahlen von Cannagistics

Our stock analysis for Cannagistics Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cannagistics Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.