Qualstar Corp Market cap
What is the Market cap of Qualstar Corp?
The Market cap of Qualstar Corp is $4.24M
What is the definition of Market cap?
Market capitalization is the market value at a point in time of the shares outstanding of a publicly traded company, being equal to the share price at that point of time times the number of shares outstanding.
= outstanding shares * previous day’s close
As outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation.
Market capitalization is used by the investment community in ranking the size of companies, as opposed to sales or total asset figures. It is also used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange. In performing such rankings, the market capitalizations are calculated at some significant date, such as 30 June or 31 December.
The total capitalization of stock markets or economic regions may be compared with other economic indicators. The total market capitalization of all publicly traded companies in the world was US$51.2 trillion in January 2007 and rose as high as US$57.5 trillion in May 2008 before dropping below US$50 trillion in August 2008 and slightly above US$40 trillion in September 2008. In 2014 and 2015, global market capitalization was US$68 trillion and US$67 trillion, respectively.
Market cap of companies in the Technology sector on NASDAQ compared to Qualstar Corp
What does Qualstar Corp do?
qualstar, founded in 1984, is a diversified electronics manufacturer specializing in data storage and power supplies. qualstar is a leading provider of high efficiency and high density power supplies marketed under the n2power™ brand, and of data storage systems marketed under the qualstar™ brand. our qualstar data storage products are used to provide highly scalable and reliable solutions to store and retrieve very large quantities of electronic data. qualstar’s products are known throughout the world for high quality and simply reliable™ designs that provide years of trouble-free service. is available at www.qualstar.com or by phone at 805-583-7744.
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