Track Group Stock

Track Group Market capitalization 2024

Track Group Market capitalization

2.3 M USD

Ticker

TRCK

ISIN

US89237L1017

WKN

A14TVY

In 2024, Track Group's market cap stood at 2.3 M USD, a -62.32% increase from the 6.11 M USD market cap in the previous year.

The Track Group Market capitalization history

YEARMarket Capitalization (undefined USD)
20232.3
202213.23
202124.03
20204.29
20195.83
201810.37
201725.92
201660.1
201597.98
2014167.94
201373.52
201222.8
201133.89
201025.91
200928.98
2008209.15
2007221.17
200668.12
200530.54
20040.39

Track Group Aktienanalyse

What does Track Group do?

Track Group Inc. is a multinational company that was founded in 1989 and specializes in providing surveillance and security solutions. Originally started as a mobile phone manufacturer, the company has evolved over the years to become a leading provider of technology solutions for correctional agencies, social services, authorities, and jurisdictions worldwide. The company's business model is based on offering products and services that support law enforcement agencies and social services in their work and improve their efficiency. They utilize modern technology and analytics methods for monitoring probationers, individuals on house arrest, and other persons under surveillance. To deliver these solutions, the company has expanded its operations into multiple divisions, each focusing on specific technologies, products, and servicing different markets. One division, Electronic Monitoring (EM), specializes in monitoring individuals on house arrest or probation by offering various types of electronic ankle bracelets and surveillance systems that enable authorities to track their activities around the clock. The second division, Community Corrections (CC), focuses on solutions for correctional agencies, providing tools and technologies to facilitate the work of correctional officers and improve inmate management. The third division, Health Solutions (HS), concentrates on medical solutions and care, developing medical devices and software platforms to enhance the healthcare of inmates. In addition to these divisions, Track Group also offers hardware and software solutions specifically designed for law enforcement agencies and jurisdictions. Their proprietary software platform, called "Web-based Integrated System Platform (WISP)," facilitates monitoring, management, and data access for authorities. Overall, Track Group offers a wide range of products and solutions that position the company as a leader in the field of monitoring and controlling individuals. Their goal is to ease the work of government agencies and ensure the safety of citizens. The company has gained respect and recognition in the international industry, thanks to its innovation and continuous efforts in developing new solutions and applications. Numerous customers and partners have already benefitted from the professional and effective solutions provided by Track Group Inc. Track Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Track Group's Market Capitalization

Track Group'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 Track Group'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

Track Group'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 Track Group’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 Track Group stock

What is the current Track Group market capitalization?

The current market capitalization of Track Group is 2.3 M 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 Track Group.

How has the market capitalization of Track Group developed in recent years?

The market capitalization of Track Group has increased/decreased by -62.32% 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 Track Group?

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 Track Group?

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 Track Group 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 Track Group pay?

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

What is the dividend yield of Track Group?

The current dividend yield of Track Group is .

When does Track Group pay dividends?

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

How secure is the dividend of Track Group?

Track Group paid dividends every year for the past 0 years.

What is the dividend of Track Group?

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

In which sector is Track Group located?

Track Group is assigned to the 'Information technology' sector.

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

To receive the latest dividend of Track Group from 9/10/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/10/2024.

When did Track Group pay the last dividend?

The last dividend was paid out on 9/10/2024.

What was the dividend of Track Group in the year 2023?

In the year 2023, Track Group distributed 0 USD as dividends.

In which currency does Track Group pay out the dividend?

The dividends of Track Group are distributed in USD.

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Andere Kennzahlen von Track Group

Our stock analysis for Track Group 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 Track Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.