When a company such as PAMT conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the PAMT split history from start to finish, an original position size of 1000 shares would have turned into 200 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PAMT shares, starting with a $10,000 purchase of PAMT, presented on a split-history-adjusted basis factoring in the complete PAMT split history.
PAMT -- use the split history when considering split-adjusted past price performance.

About PAMT

Parametric Sound is a technology company focused on delivering directed audio solutions. Co.'s HyperSound® Sound (HSS®) technology provides the application of parametric acoustic technology for generating sound along a directional ultrasonic column. Co.'s HSS-3000 product line delivers directed audio solutions to customers primarily for digital signage, kiosk, and related applications that benefit from focused sound targeted to specific locations. Co.'s HSS-3000 HyperSound Audio System consists of a HSS-3000 Amplifier and one or more HSS-3000 Emitters. Co.'s principal markets are North America, Europe and Asia. According to our PAMT split history records, PAMT has had 1 split.

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