| DropCar is a provider of automotive vehicle support, fleet logistics and concierge services for both consumers and businesses in automotive-related industries. Co. operates its business-to-consumer services and operate its business-to-business services across the New York City metropolitan area, New Jersey, Washington D.C., Baltimore, Los Angeles and San Francisco. Co. also enables automotive-related businesses to capture, analyze and catalog critical data that is compiled into searchable databases about their customers and operations, including real time vehicle tracking, vehicle photos, vehicle inspection summaries as well as consumer profiles and preferences. We show 12 historical shares outstanding datapoints in our DCAR shares outstanding history coverage, used to compute DCAR market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DCAR market cap history over the course of time is important for investors
interested in comparing DCAR'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 DCAR versus a peer is one thing; comparing
DCAR 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 DCAR can fluctuate over the course of history.
With this page we aim to empower investors researching DCAR by allowing them to research the DCAR market cap history.