Mitel Networks is a provider of cloud and enterprise communications and collaboration solutions. Co.'s segments include: Cloud, which provides a range of private, public, hybrid and mobile Software as a Service solutions for businesses as well as cloud-based telephone and network services in the U.S.; and Enterprise, which provides a range of unified communications and collaboration solutions, which address and support the spectrum of technology specifications - from digital to IP to cloud to mobile, and from platforms to applications to end-user devices. Co.'s enterprise solutions include its virtualization capabilities and desktop and mobile applications. We show 37 historical shares outstanding datapoints in our MITL shares outstanding history coverage, used to compute MITL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MITL market cap history over the course of time is important for investors
interested in comparing MITL'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 MITL versus a peer is one thing; comparing
MITL 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 MITL can fluctuate over the course of history.
With this page we aim to empower investors researching MITL by allowing them to research the MITL market cap history. |
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Video: The Importance of Market Cap
