Ebix is a supplier of infrastructure exchanges to the insurance, financial services, travel, and healthcare industries. In the insurance industry, Co.'s focus is to develop and deploy various insurance and reinsurance exchanges using software-as-a-service enterprise solutions in the areas of customer relationship management, front-end and back-end systems, and outsourced administrative and risk compliance. Co.'s product and service focus on expansion of connectivity between all entities via its EbixCash Exchanges and Ebix Exchange family of products in the financial, foreign exchange, travel, life, health, workers compensation, risk management, annuity and property and casualty sectors. We show 59 historical shares outstanding datapoints in our EBIX shares outstanding history coverage, used to compute EBIX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EBIX market cap history over the course of time is important for investors
interested in comparing EBIX'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 EBIX versus a peer is one thing; comparing
EBIX 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 EBIX can fluctuate over the course of history.
With this page we aim to empower investors researching EBIX by allowing them to research the EBIX market cap history. |
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Video: The Importance of Market Cap
