CLPS is a holding company. Through its subsidiaries, Co. is an information technology (IT), consulting and solutions service provider. Co. provides IT consulting services across key credit card business areas, including credit card applications, account setup, authorization and activation and settlement. Co. also provides global banks with the support needed to implement their banking system, including business analysis, system design, development, testing services, system maintenance, and global operation support. Co. provides services across various functions including loans, deposit, general ledger, wealth management, debit card, anti-money-laundering and statement and reporting. We show 5 historical shares outstanding datapoints in our CLPS shares outstanding history coverage, used to compute CLPS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CLPS market cap history over the course of time is important for investors
interested in comparing CLPS'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 CLPS versus a peer is one thing; comparing
CLPS 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 CLPS can fluctuate over the course of history.
With this page we aim to empower investors researching CLPS by allowing them to research the CLPS market cap history. |
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Video: The Importance of Market Cap
