|
Video: What is a Stock Split?
|
|
ALFI operates in the technology sector; specifically, Software as a Service in the Digital Out Of Home (DOOH) Smart Advertising segment. This segment includes artificial intelligence, machine and deep learning, Big Data, telecommunications, and the Internet of Things. Co. seeks to provide solutions that bring transparency and accountability to the DOOH advertising marketplace. Co. uses artificial intelligence and big data analytics to measure and disseminate audience presence and audience demographics. Co.'s computer vision technology is powered by artificial intelligence, to determine the relevant demographic and geospecific information of the audience in front of a Co.-enabled device. According to our ALF split history records, ALF has had 1 split. | |
|
ALF (ALF) has 1 split in our ALF split history database. The split for ALF took place on July 10, 1997. This was a 2 for 1
split, meaning for each share of ALF owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as ALF splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the ALF split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into ALF shares, starting with a $10,000 purchase of ALF, presented on a split-history-adjusted basis factoring in the complete ALF split history.
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
05/05/2021 |
|
End date: |
10/24/2022 |
|
Start price/share: |
$3.58 |
|
End price/share: |
$0.11 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
-96.90% |
|
Average Annual Total Return: |
-90.57% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$309.93 |
|
Years: |
1.47 |
|
|
|
Date |
Ratio |
07/10/1997 | 2 for 1
|
|
|