Echelon is developing control networking platforms for Industrial Internet of Things (IIoT) applications and delivering elements needed to design, install, monitor and control communities of devices. Co. IzoT™ platform provides a migration path to the emerging IIoT for devices while ensuring compatibility with new devices connecting to the same network. Co. also provides the Lumewave application by its connected lighting platform. Co.'s outdoor lighting control product portfolio includes transceivers, outdoor lighting controllers, motion sensors, SmartServer segment controller, power line/radio frequency bridge, wireless and ethernet gateways, and management software, among others. We show 12 historical shares outstanding datapoints in our ELON shares outstanding history coverage, used to compute ELON market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ELON market cap history over the course of time is important for investors
interested in comparing ELON'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 ELON versus a peer is one thing; comparing
ELON 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 ELON can fluctuate over the course of history.
With this page we aim to empower investors researching ELON by allowing them to research the ELON market cap history. |
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Video: The Importance of Market Cap
