International General Insurance Holdings is a holding company. Through its subsidiaries, Co. is engaged in the business of insurance and reinsurance. Co. underwrites a diversified portfolio of specialty risks including energy, property, construction and engineering, ports and terminals, general aviation, political violence, casualty, financial institutions, marine and treaty reinsurance. We show 2 historical shares outstanding datapoints in our IGIC shares outstanding history coverage, used to compute IGIC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IGIC market cap history over the course of time is important for investors
interested in comparing IGIC'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 IGIC versus a peer is one thing; comparing
IGIC 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 IGIC can fluctuate over the course of history.
With this page we aim to empower investors researching IGIC by allowing them to research the IGIC market cap history. |
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Video: The Importance of Market Cap
