ForgeRock provides an identity platform that enables enterprises to secure, manage and govern the identities of consumers, employees and partners, APIs, microservices, devices and Internet of Things. The ForgeRock Identity Platform includes a suite of identity management, access management, identity governance and AI-powered autonomous identity capabilities to serve the CIAM, AM and IGA needs of enterprises. Co.'s platform is deployable in a variety of configurations that can be combined, including self- managed environments such as public and private cloud environments, and through ForgeRock Identity Cloud. We show 3 historical shares outstanding datapoints in our FORG shares outstanding history coverage, used to compute FORG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FORG market cap history over the course of time is important for investors
interested in comparing FORG'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 FORG versus a peer is one thing; comparing
FORG 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 FORG can fluctuate over the course of history.
With this page we aim to empower investors researching FORG by allowing them to research the FORG market cap history. |
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Video: The Importance of Market Cap
