Grand Canyon Education is an education services company focused on providing a range of support services to institutions in the post-secondary education sector. Co. provides education services that include technology and academic services, counseling services and support, marketing and communication services, and for its university partner several back-office services such as accounting, reporting, tax, human resources, and procurement services. Co.'s university partner, Grand Canyon University, a university that provides graduate and undergraduate degree programs, emphases and certificates across colleges both online, on ground at its campus and at off-site classroom and laboratory sites. We show 55 historical shares outstanding datapoints in our LOPE shares outstanding history coverage, used to compute LOPE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LOPE market cap history over the course of time is important for investors
interested in comparing LOPE'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 LOPE versus a peer is one thing; comparing
LOPE 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 LOPE can fluctuate over the course of history.
With this page we aim to empower investors researching LOPE by allowing them to research the LOPE market cap history. |
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Video: The Importance of Market Cap
