New Oriental Education and Technology Group is a holding company, engaged in providing private educational services. Co. provides a range of educational programs, services and products, consisting primarily of K-12 after-school tutoring, test preparation and other courses, primary and secondary school education, online education, content development and distribution, overseas study consulting services, pre-school education and study tour. Co.'s program, service and product offerings include K-12 after-school tutoring; test preparation; language training for adults; pre-school, primary and secondary schools; education materials and distribution; online education; and other services. We show 3 historical shares outstanding datapoints in our EDU shares outstanding history coverage, used to compute EDU market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EDU market cap history over the course of time is important for investors
interested in comparing EDU'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 EDU versus a peer is one thing; comparing
EDU 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 EDU can fluctuate over the course of history.
With this page we aim to empower investors researching EDU by allowing them to research the EDU market cap history. |
Free EDU Email Alerts:
Video: The Importance of Market Cap
