| NIC is a provider of digital government services that help governments use technology. Co. operates through two channels: state enterprise businesses and its software and services businesses. In its state enterprise businesses, Co. has contracts with state and local governments to designs, builds, and operates digital government services on an enterprise-wide basis on their behalf. In its software and services businesses, Co. provides certain payment processing services, software development and digital government services, other than those provided on an enterprise-wide basis, to federal agencies, as well as state and local governments. We show 45 historical shares outstanding datapoints in our EGOV shares outstanding history coverage, used to compute EGOV market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EGOV market cap history over the course of time is important for investors
interested in comparing EGOV'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 EGOV versus a peer is one thing; comparing
EGOV 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 EGOV can fluctuate over the course of history.
With this page we aim to empower investors researching EGOV by allowing them to research the EGOV market cap history.