Samsara is engaged in the provision of Connected Operations Cloud, which allows businesses that depend on physical operations to use Internet of Things (IoT) data to develop business insights and improve their operations. Co.'s Connected Operations Cloud includes: Data Platform, which ingests, aggregates and provides data from its IoT devices and an ecosystem of connected assets and third-party systems, which has capabilities for artificial intelligence, workflows and analytics, alerts, application programming interface connections, and data security and privacy; and Applications for video-based safety, vehicle telematics, apps and driver workflows, equipment monitoring and site visibility. We show 6 historical shares outstanding datapoints in our IOT shares outstanding history coverage, used to compute IOT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IOT market cap history over the course of time is important for investors
interested in comparing IOT'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 IOT versus a peer is one thing; comparing
IOT 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 IOT can fluctuate over the course of history.
With this page we aim to empower investors researching IOT by allowing them to research the IOT market cap history. |
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Video: The Importance of Market Cap
