NIE Market Cap History Table | ||||
Also see: NIE Shares Outstanding History and NIE YTD Return |
NIE Market Cap History Table | ||||
Also see: NIE Shares Outstanding History and NIE YTD Return |
NIE Market Cap History Chart | |||
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NIE Stock Price Chart |
About Virtus Equity & Convertible Income Fund |
Virtus Equity & Convertible Income Fund is registered as a closed-end management investment company. The Fund's investment objective is to seek total return comprised of capital appreciation, current income and gains. Under normal market conditions the Fund pursues its objective by investing in a diversified portfolio of equity securities and income-producing convertible securities. We show 1 historical shares outstanding datapoints in our NIE shares outstanding history coverage, used to compute NIE market cap on those dates. Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing NIE market cap history over the course of time is important for investors interested in comparing NIE'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 NIE versus a peer is one thing; comparing NIE 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 NIE can fluctuate over the course of history. With this page we aim to empower investors researching NIE by allowing them to research the NIE market cap history. |
NIE Current Stock Quote |
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Video: The Importance of Market Cap | |
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NIE Share Performance |
Market Cap Peers |
Allianzgi Equity and amp; Convertibleome Fund (NIE) is categorized under the Financials sector; to help you further research historical market cap numbers, below are some other companies in the same sector:
NIO Market Cap History |
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