Happiness Development Group is a holding company. Through its subsidiaries, Co. is a nutraceutical and dietary supplements producer focused on the research, development, manufacturing, marketing and sales of a variety of products made from Chinese herbal and animal extracts in China. Co. markets and sells various kinds of nutraceutical and dietary supplements products. Co. also purchases cars and obtains authorization to distribute the cars in different cities in China. Co. focuses on providing e-commerce overall services, internet promotion, agency operations, supply chain resources and logistics services for all types of enterprises. We show 1 historical shares outstanding datapoints in our HAPP shares outstanding history coverage, used to compute HAPP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HAPP market cap history over the course of time is important for investors
interested in comparing HAPP'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 HAPP versus a peer is one thing; comparing
HAPP 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 HAPP can fluctuate over the course of history.
With this page we aim to empower investors researching HAPP by allowing them to research the HAPP market cap history. |
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Video: The Importance of Market Cap
