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Video: What is a Stock Split?
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Hi-Crush is a provider of proppant and logistics services for hydraulic fracturing operations, providing frac sand production, wellsite storage systems, flexible last mile services and software for real-time visibility and management across the entire supply chain. Co.'s customer base includes various oil and natural gas exploration and production companies and pressure pumping service providers. According to our HCR split history records, HCR has had 2 splits. | |
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HCR (HCR) has 2 splits in our HCR split history database. The first split for HCR took place on March 08, 1993. This was a 2 for 1
split, meaning for each share of HCR 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. HCR's second split took place on June 06, 1996. This was a 3 for 2
split, meaning for each 2
shares of HCR owned pre-split, the shareholder now owned 3 shares. For example, a 2000 share position pre-split, became a 3000 share position following the split.
When a company such as HCR 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 HCR split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into HCR shares, starting with a $10,000 purchase of HCR, presented on a split-history-adjusted basis factoring in the complete HCR split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/01/2014 |
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End date: |
07/13/2020 |
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Start price/share: |
$41.69 |
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End price/share: |
$0.15 |
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Starting shares: |
239.87 |
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Ending shares: |
299.01 |
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Dividends reinvested/share: |
$4.57 |
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Total return: |
-99.55% |
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Average Annual Total Return: |
-57.68% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$44.86 |
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Years: |
6.29 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/01/2014 |
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End date: |
07/13/2020 |
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Start price/share: |
$41.69 |
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End price/share: |
$0.15 |
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Dividends collected/share: |
$4.57 |
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Total return: |
-88.67% |
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Average Annual Total Return: |
-29.27% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,133.33 |
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Years: |
6.29 |
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Date |
Ratio |
03/08/1993 | 2 for 1
| 06/06/1996 | 3 for 2
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