Guardforce AI is engaged in the cash logistics business in Thailand and its services include cash-in-transit, dedicated vehicles to banks, ATM management, cash center operations, cash processing, coin processing, cheque center, and cash deposit machine solutions (cash deposit management and express cash service). Co.'s customers include local commercial banks, chain retailers, coin manufacturing mints, and government authorities. In addition to its secure logistics business, Co. began to develop other non-cash related solutions and services. Co. rolled out robotic solutions for its clients in Thailand and the rest of the Asia Pacific region. We show 1 historical shares outstanding datapoints in our GFAI shares outstanding history coverage, used to compute GFAI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GFAI market cap history over the course of time is important for investors
interested in comparing GFAI'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 GFAI versus a peer is one thing; comparing
GFAI 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 GFAI can fluctuate over the course of history.
With this page we aim to empower investors researching GFAI by allowing them to research the GFAI market cap history. |
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Video: The Importance of Market Cap
