Sunnova Energy International Inc. is an energy services company. Co. partnering with local dealers and contractors who originate, design, and install its customer's solar energy systems, energy storage systems and related products and services on its behalf. It also offers other sustainable home solutions, such as home security and monitoring, smart home devices, modern heating, ventilation, and air conditioning generators, upgraded roofing, water systems, water heaters, main panel upgrades and electric vehicle chargers. We show 23 historical shares outstanding datapoints in our NOVA shares outstanding history coverage, used to compute NOVA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NOVA market cap history over the course of time is important for investors
interested in comparing NOVA'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 NOVA versus a peer is one thing; comparing
NOVA 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 NOVA can fluctuate over the course of history.
With this page we aim to empower investors researching NOVA by allowing them to research the NOVA market cap history. |
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Video: The Importance of Market Cap
