MDJM is a holding company. Through its subsidiaries, Co is engaged in providing end-to-end services in the life cycle of a residential real estate project, including real estate agency services, real estate consulting services, and training and evaluation with respect to agency sales services in the People's Republic of China. Co.'s real estate agency services offerings include providing agency sales services to residential real estate developers at any stages of the development and sale of a residential real estate project. Co. provides real estate consulting services with respect to any stages or a combination of stages of the development and sale of a residential real estate project. We show 4 historical shares outstanding datapoints in our MDJH shares outstanding history coverage, used to compute MDJH market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MDJH market cap history over the course of time is important for investors
interested in comparing MDJH'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 MDJH versus a peer is one thing; comparing
MDJH 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 MDJH can fluctuate over the course of history.
With this page we aim to empower investors researching MDJH by allowing them to research the MDJH market cap history. |
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Video: The Importance of Market Cap
