WeTrade Group is in the business of providing technical services and solutions via its membership-based social e-commerce platform. Co. is committed to providing an international cloud-based intelligence system and independently developed a micro-business cloud intelligence system called the YCloud. The main functions of YCloud System are users' marketing relationship, CPS commission profit management, multi-channel data statistics, AI fission and management, supply chain system. YCloud applications cover the micro business industry, tourism industry, hospitality industry, livestreaming and short video industry, medical beauty industry and other retail industry. We show 1 historical shares outstanding datapoints in our NXTT shares outstanding history coverage, used to compute NXTT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NXTT market cap history over the course of time is important for investors
interested in comparing NXTT'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 NXTT versus a peer is one thing; comparing
NXTT 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 NXTT can fluctuate over the course of history.
With this page we aim to empower investors researching NXTT by allowing them to research the NXTT market cap history. |
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Video: The Importance of Market Cap
