Glory Star New Media Group Holdings is a holding company. Through its subsidiaries, Co. is focused on providing advertisement and content production services and is a mobile and online advertising, media and entertainment business in People's Republic of China (China) by creating content featuring lifestyle, culture and fashion. Co. provides the copyright licensing of self-produced content, advertising and customized content production and CHEERS e-Mall marketplace service, membership fees, and others. Co.'s CHEERS App includes: E-Mall (Online Store); Live Streaming; Online Short Videos; and Online Games. We show 4 historical shares outstanding datapoints in our GSMG shares outstanding history coverage, used to compute GSMG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GSMG market cap history over the course of time is important for investors
interested in comparing GSMG'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 GSMG versus a peer is one thing; comparing
GSMG 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 GSMG can fluctuate over the course of history.
With this page we aim to empower investors researching GSMG by allowing them to research the GSMG market cap history. |
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Video: The Importance of Market Cap
