Skillful Craftsman Education Technology is a holding company. Through its subsidiaries, Co. is engaged in providing online education and technology services in China. Co. provides vocational training courses that cover a range of subjects such as mechanics, electronics, auto repair and construction. Co. also provides technology services including software development as well as cloud services. Co.'s online education services comprises of online vocational training and virtual simulation experimental training. Co.'s online education platforms include lifelong education public service platform, online vocational training platform and virtual simulation experimental platform. We show 3 historical shares outstanding datapoints in our EDTK shares outstanding history coverage, used to compute EDTK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EDTK market cap history over the course of time is important for investors
interested in comparing EDTK'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 EDTK versus a peer is one thing; comparing
EDTK 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 EDTK can fluctuate over the course of history.
With this page we aim to empower investors researching EDTK by allowing them to research the EDTK market cap history. |
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Video: The Importance of Market Cap
