Elite Education Group International is a holding company. Through its subsidiaries, Co. principally engages in the business of foreign language educations. Co. has agreements with the Regional Campuses of Miami University of Ohio to provide its services to Chinese students interested in studying in the U.S. Co.'s subsidiary, Quest Holdings International LLC, develops specific education goals and plans for each student enrolled in its program, and provides environment and support services. The People's Republic of China office coordinates the pre-attendance service needs of Co.'s customers while its U.S. office coordinates and provides the actual study abroad and post-study services. We show 2 historical shares outstanding datapoints in our EEIQ shares outstanding history coverage, used to compute EEIQ market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EEIQ market cap history over the course of time is important for investors
interested in comparing EEIQ'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 EEIQ versus a peer is one thing; comparing
EEIQ 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 EEIQ can fluctuate over the course of history.
With this page we aim to empower investors researching EEIQ by allowing them to research the EEIQ market cap history. |
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Video: The Importance of Market Cap
