Cootek Cayman is a holding company. Through its subsidiaries, Co. is a mobile internet company providing mobile applications including a portfolio of mobile applications. Co.'s mobile applications focus on three categories: online literature, which includes Fengdu Novel that provides users with free online novels; casual games, which series of self-developed casual games, include simulation games such as Farm Hero and Idle Land King Tycoon, puzzle games such as Hi Hamster, and educational games such as Puzzle No. 1 and Idiom Hero; and scenario-based mobile apps, which include Walk Walk, a fitness application and healthcare applications, such as Drink Water Reminder and Happy Jogging. We show 1 historical shares outstanding datapoints in our CTK shares outstanding history coverage, used to compute CTK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CTK market cap history over the course of time is important for investors
interested in comparing CTK'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 CTK versus a peer is one thing; comparing
CTK 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 CTK can fluctuate over the course of history.
With this page we aim to empower investors researching CTK by allowing them to research the CTK market cap history. |
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Video: The Importance of Market Cap
