The closing share price today for Cliffhanger, Inc. was $6.00. If the company has 903,000 shares of its stock outstanding, What value is the market giving the company?

1. The market capitalization of Big Bang Corp. is $364,000 at the company's most recent trade of $4.00 per share. How many shares of stock are outstanding?  This is the same formula just inverted. 
2. The closing share price today for Sunset International was $9.00. If the company has a market value of $693,000, how many shares of stock would be outstanding?
3. The market capitalization of Morning Rose Corp. is $5,580,000 at the company's most recent trade of $9.00 per share. How many shares of stock are outstanding?
4. Vespa, PLC has 63,000 shares outstanding. If the market capitalization of the company is $315,000, how much does each share cost?

Answer rating: 100% (QA)

Market value number of outstanding shares x share price Market value 903000 x 600 Market value 54180... View the full answer