Gates Industrial Corp Ltd. (GTES) stock, explained like you're 5

Is Gates Industrial Corp Ltd. a small, medium or large cap company?

No. Gates Industrial Corp Ltd. is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 6.8 billion dollars.

Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.

How Gates Industrial Corp Ltd. makes money

• Building and selling machines, aircraft, equipment or infrastructure.
• Moving goods and people.
• Long term service and maintenance contracts.

What moves GTES stock

• Orders and backlog, which show future sales.
• Business spending and the health of the economy.
• Costs of materials and labor.

In the news lately

• Gates Industrial Corporation Lt (GTES) Stock Forecasts (Yahoo Finance)
• RBC Capital Remains a Buy on Gates Industrial (GTES) (The Globe and Mail)
• A warehouse conveyor belt lasted over five times as long as conventional belts in tests. (Stock Titan)
• Gates Industrial Corporation PLC (NYSE:GTES) Stock Has Consensus Price Target of $32.45 (MarketBeat)
• Gates Industrial (NYSE:GTES) Screens as a Decent Value Stock (ChartMill)

Key terms to know before you follow GTES

• Market cap
• P/E ratio
• EPS (earnings per share)
• Earnings report
• Volatility