Cogent Communications Holdings, Inc. is a facilities-based provider of Internet access, private network services and data center colocation space and power. Co.'s network is specifically designed and optimized to transmit packet routed data. Co., through its own facilities, offers on-net Internet access services to customers located in buildings that are physically connected to its network. Its on-net service consists of high-speed Internet access and private network services offered at speeds ranging from megabits per second (Mbps) to gigabits per second (Gbps). Co. delivers its services on its network in 54 countries across North America, Europe, Asia, South America, Oceania and Africa. We show 62 historical shares outstanding datapoints in our CCOI shares outstanding history coverage, used to compute CCOI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CCOI market cap history over the course of time is important for investors
interested in comparing CCOI'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 CCOI versus a peer is one thing; comparing
CCOI 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 CCOI can fluctuate over the course of history.
With this page we aim to empower investors researching CCOI by allowing them to research the CCOI market cap history. |
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Video: The Importance of Market Cap
