Allied Gaming & Entertainment operates a public esports and entertainment company, consisting of the businesses of its subsidiary, Allied Esports International Inc. (Allied Esports). Esports, or electronic sports, is a general label that provides electronic games that gamers play against each other. Through Allied Esports, Co. provides esports fans facilities to compete against other players in esports competitions, host live events with esports superstars that stream to viewers worldwide, produce and distribute esports content with at its on-site production facilities and studios. Co. provides a facility for hosting corporate events, tournaments, game launches or other events. We show 5 historical shares outstanding datapoints in our AGAE shares outstanding history coverage, used to compute AGAE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AGAE market cap history over the course of time is important for investors
interested in comparing AGAE's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of AGAE versus a peer is one thing; comparing
AGAE market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like AGAE can fluctuate over the course of history.
With this page we aim to empower investors researching AGAE by allowing them to research the AGAE market cap history. |
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Video: The Importance of Market Cap
