Cellcom Israel is a provider of cellular communications services in Israel. Co. operates in two main segments, Cellular and Fixed Line. Co.'s Cellular segment includes basic cellular telephony services, text and multimedia messaging, cellular content and data services and other services. Co. also provides international roaming services, a selection of handsets from various global manufacturers and repair services on handsets it provides. Co.'s Fixed Line segment includes its internet infrastructure and connectivity services, over-the-top TV services, international calling services, landline telephony services and transmission services. We show 10 historical shares outstanding datapoints in our CEL shares outstanding history coverage, used to compute CEL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CEL market cap history over the course of time is important for investors
interested in comparing CEL'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 CEL versus a peer is one thing; comparing
CEL 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 CEL can fluctuate over the course of history.
With this page we aim to empower investors researching CEL by allowing them to research the CEL market cap history. |
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Video: The Importance of Market Cap
