When a company such as TTTM 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 TTTM split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into TTTM shares, starting with a $10,000 purchase of TTTM, presented on a split-history-adjusted basis factoring in the complete TTTM split history.

About TTTM

T3 Motion designs, manufactures and markets personal mobility vehicles powered by electric motors. Co.'s primary product is the T3 Series, which is a three wheel, electric stand-up vehicle. Co. also provides multiple closed-circuit television and camera systems including the 360-IP DN Camera, a stand-alone 360-degree camera and digital video recorder, the Motiontrak, black-box in car video and data recording system integrated with Google maps and the TVS-4050WK, a wireless internet protocol four-camera system. In addition, Co. is also developing the Electric/Hybrid Vehicle, which is a plug-in hybrid vehicle that features a single, wide-stance wheel with two tires sharing one rear wheel. According to our TTTM split history records, TTTM has had 2 splits.

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