CVST (Covista Communications) Shares Outstanding (Basic Average): 21.67 Mil (As of Apr. 2005)


What is Covista Communications Shares Outstanding (Basic Average)?

Covista Communications CVST -99.67% Shares Outstanding (Basic Average) is 21.67 Mil as of Apr. 2005.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Covista Communications's average basic shares outstanding for the quarter that ended in Apr. 2005 was 21.67 Mil.

Covista Communications  (OTCPK:CVST) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Covista Communications Shares Outstanding (Basic Average) Related Terms

Covista Communications Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Covista Communications's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Covista Communications Shares Outstanding (Basic Average) Chart

Covista Communications Annual Data
Trend Jan96 Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Jan04 Jan05
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.31 10.23 13.25 18.88 17.78

Covista Communications Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.18 19.17 17.18 17.27 21.67

Covista Communications Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 21.67 Mil mean?
Covista Communications (CVST) has a Shares Outstanding (Basic Average) of 21.67 Mil as of Apr. 2005. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Covista Communications and its competitors.
Is Covista Communications' Shares Outstanding (Basic Average) too high?
Covista Communications' current Shares Outstanding (Basic Average) is 21.67 Mil.
How does Covista Communications' Shares Outstanding (Basic Average) compare to FULO and TWER?
Covista Communications' Shares Outstanding (Basic Average) of 21.67 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Telecommunication Services company?
A good Shares Outstanding (Basic Average) depends on the Telecommunication Services industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Covista Communications and its competitors. Covista Communications's current Shares Outstanding (Basic Average) is 21.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covista Communications stock overvalued right now?
Covista Communications (CVST) has a current Shares Outstanding (Basic Average) of 21.67 Mil. The current Shares Outstanding (Basic Average) is 21.67 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Covista Communications (CVST), the current Shares Outstanding (Basic Average) is 21.67 Mil as of Apr. 2005. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Covista Communications Business Description

Address 735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402
Covista Communications Inc is a telecommunication service provider. Its products and services include voice, data, and internet solutions, including local, long-distance, and toll-free services, calling card, frame relay, Internet access, & directory assistance.