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 Video: What is a Stock Split?
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| Numerex is a holding company. Through its subsidiaries, Co. is a provider of managed enterprise solutions enabling the Internet of Things, a solution viewed as a combination of devices, software and services that operate with little or no human interaction. It consists of using a device or sensor to capture event data relaying the data through a network to an application (often with cloud or Internet based software) by way of a horizontal platform, which then translates the captured data into actionable information (for example, alarm notification send help, the whereabouts of a person of interest, the location of an asset being tracked, and the fill level in a tank is too low). According to our NMRX split history records, NMRX has had 1 split. | |
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NMRX (NMRX) has 1 split in our NMRX split history database. The split for NMRX took place on October 31, 1994. This was a 5 for 2
split, meaning for each 2
shares of NMRX owned pre-split, the shareholder now owned 5 shares. For example, a 1000 share position pre-split, became a 2500 share position following the split.
When a company such as NMRX 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 NMRX split history from start to finish, an original position size of 1000 shares would have turned into 2500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into NMRX shares, starting with a $10,000 purchase of NMRX, presented on a split-history-adjusted basis factoring in the complete NMRX split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/22/2014 |
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| End date: |
12/07/2017 |
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| Start price/share: |
$10.99 |
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| End price/share: |
$3.83 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-65.15% |
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| Average Annual Total Return: |
-25.20% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$3,485.34 |
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| Years: |
3.63 |
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| Date |
Ratio |
| 10/31/1994 | 5 for 2
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