The Descartes Systems Group Inc. is focused on logistics and supply chain management business processes. It provides on-demand, software-as-a-service (SaaS) solutions focused on improving the security and sustainability of logistics-intensive businesses. Co. allows customers to use its modular, SaaS solutions to route, track and help improve the safety, compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete other logistics processes by participating in the multimodal logistics community. We show 13 historical shares outstanding datapoints in our DSGX shares outstanding history coverage, used to compute DSGX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DSGX market cap history over the course of time is important for investors
interested in comparing DSGX'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 DSGX versus a peer is one thing; comparing
DSGX 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 DSGX can fluctuate over the course of history.
With this page we aim to empower investors researching DSGX by allowing them to research the DSGX market cap history. |
Free DSGX Email Alerts:
Video: The Importance of Market Cap
