| MILE Market Cap History Table | ||||||||||||||||
Also see: MILE Shares Outstanding History and MILE YTD Return |
| MILE Market Cap History Chart | |||||||||||||||||||||
-32.78% CAGR 
Mouse over chart for data details
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| MILE Stock Price Chart |
| About MetroMile Inc |
| MetroMile is a digital insurance platform, providing products to auto insurance customers in the U.S. and auto insurance companies in the U.S. and globally. Co. launched Ride Along to help prospects understand if they are a fit for per-mile, and to provide additional savings to prospects by demonstrating that they are also safe drivers. Metromile Enterprise is a cloud-based enterprise software offering for third party insurance carriers that was built on top of Co.'s automated claims technology. The service helps carriers automate the claims processes for both customers and claims agents while reducing the cost of fraudulent claims through fraud detection features. We show 7 historical shares outstanding datapoints in our MILE shares outstanding history coverage, used to compute MILE market cap on those dates. Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing MILE market cap history over the course of time is important for investors interested in comparing MILE'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 MILE versus a peer is one thing; comparing MILE 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 MILE can fluctuate over the course of history. With this page we aim to empower investors researching MILE by allowing them to research the MILE market cap history. |
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| Video: The Importance of Market Cap | |
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Video: The Importance of Market Cap
| MILE Share Performance |
| Market Cap Peers |
| MetroMile (MILE) is categorized under the Financials sector; to help you further research historical market cap numbers, below are some other companies in the same sector:
MITT Market Cap History |
