When a company such as SYRX 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 SYRX split history from start to finish, an original position size of 1000 shares would have turned into 500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SYRX shares, starting with a $10,000 purchase of SYRX, presented on a split-history-adjusted basis factoring in the complete SYRX split history.

About SYRX

Sysorex Global's products and services include: LightMiner Analytics Platform for aggregating and mining Big Data sets; Data Science and Advanced Analytics Consulting Services; AirPatrol for Security that locates devices operating within a monitored area; AirPatrol for Retail for enabling location, marketing services and information delivery; Shoom Product Line, which include eTearsheets, eInvoice, AdDelivery, ePaper; Enterprise Infrastructure Solutions and Services; and IT Services. Co. also provides supporting products and services including enterprise computing and storage, virtualization, business continuity, data migration, and custom application development, among others. According to our SYRX split history records, SYRX has had 1 split.

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