nCino is a software-as-a-service company that provides software applications to financial institutions. Co.'s solution, the nCino Bank Operating System®, digitizes, automates, and supports processes and workflow and utilizes data analytics and artificial intelligence and machine learning to enable financial institutions to more effectively onboard new clients, make loans and manage the entire loan life cycle, open deposit and other accounts, and manage regulatory compliance. Co. serves financial institution customers of all sizes, including global financial institutions, enterprise banks, regional banks, community banks, credit unions, and new market entrants, such as challenger banks. We show 7 historical shares outstanding datapoints in our NCNO shares outstanding history coverage, used to compute NCNO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NCNO market cap history over the course of time is important for investors
interested in comparing NCNO'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 NCNO versus a peer is one thing; comparing
NCNO 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 NCNO can fluctuate over the course of history.
With this page we aim to empower investors researching NCNO by allowing them to research the NCNO market cap history. |
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Video: The Importance of Market Cap
