AuthID is a provider of identity verification and electronic transaction authentication services. Co. has developed an Identity as a Service platform for its customers, be they businesses, residences, governments, or other organizations, to enable their users to verify and authenticate their identity through a mobile phone or portable device of their choosing. Co.'s system enables participants to consent to transactions using their biometric information with a digitally signed authentication response, including the underlying transaction data. Proof™, Co.'s mobile identity onboarding and verification application, establishes the identity of users based on a variety of ground truth sources. We show 8 historical shares outstanding datapoints in our AUID shares outstanding history coverage, used to compute AUID market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AUID market cap history over the course of time is important for investors
interested in comparing AUID'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 AUID versus a peer is one thing; comparing
AUID 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 AUID can fluctuate over the course of history.
With this page we aim to empower investors researching AUID by allowing them to research the AUID market cap history. |
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Video: The Importance of Market Cap
