NVE develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information. Co. manufactures spintronic products including sensors and couplers that are used to acquire and transmit data. Co. also receives contracts for research and development and is a licensor of spintronic magnetoresistive random access memory technology (MRAM). Co.'s products include: Sensor products, which detect the strength or gradient of magnetic fields and are used to determine position or speed; Coupler, which electrically isolate the coupled systems; and MRAM, which uses spintronics to store data. We show 58 historical shares outstanding datapoints in our NVEC shares outstanding history coverage, used to compute NVEC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NVEC market cap history over the course of time is important for investors
interested in comparing NVEC'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 NVEC versus a peer is one thing; comparing
NVEC 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 NVEC can fluctuate over the course of history.
With this page we aim to empower investors researching NVEC by allowing them to research the NVEC market cap history. |
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Video: The Importance of Market Cap
