Grom Social Enterprise is a holding company. Co. operates its business through the following subsidiaries: Grom Social, Inc., which is a media, technology and entertainment company for kids focused on producing original content on its website, www.gromsocial.com, and mobile application; TD Holdings Limited, which has operations conducted through Top Draw Animation, Inc., a production and pre-production animation studio working with international clients to produce two-dimensional digital production services for animated television series and movies; and Grom Educational Services, Inc., which provides a proprietary digital citizenship program that assists K-12 schools and libraries. We show 7 historical shares outstanding datapoints in our GROM shares outstanding history coverage, used to compute GROM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GROM market cap history over the course of time is important for investors
interested in comparing GROM'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 GROM versus a peer is one thing; comparing
GROM 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 GROM can fluctuate over the course of history.
With this page we aim to empower investors researching GROM by allowing them to research the GROM market cap history. |
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Video: The Importance of Market Cap
