BitNile Metaverse is a holding company. Through its subsidiaries, Co. is engaged in three business segments: technology, which includes Zest Labs, Inc. that provides the Zest Fresh solution, an approach to quality management of fresh food; commodities, which includes Banner Midstream Corp. that engages in oil and gas exploration, production and drilling operations on mineral leases in Texas, Louisiana, and Mississippi, and provides transportation and logistics services and procures and finances equipment to oilfield transportation service contractors; and financial, which includes Trend Discovery Capital Management, LLC that provides services and collects fees from entities. We show 1 historical shares outstanding datapoints in our BNMV shares outstanding history coverage, used to compute BNMV market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BNMV market cap history over the course of time is important for investors
interested in comparing BNMV'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 BNMV versus a peer is one thing; comparing
BNMV 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 BNMV can fluctuate over the course of history.
With this page we aim to empower investors researching BNMV by allowing them to research the BNMV market cap history. |
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Video: The Importance of Market Cap
