The Shares float of Long Term Care Operations 360 Inc. is 57.567M 1789.26%
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Long Term Care Operations 360 Inc. operates restaurants primarily focusing on crawfish in the People's Republic of China. The company operates a network of 42 Princess Qiao fast food restaurants in Shanghai; and 18 Li-Rong Home restaurants located in Beijing, Tianjin, Wuhan, and other capital cities. It serves medium to high income individuals and families. The company founded in 2002 and is based in Los Angeles, California.