Onfolio Holdings Inc. acquires and manages a diversified portfolio of online businesses. Co. is engaged in Website management, advertising and content placement on its online businesses, and product sales on certain sites. Co. owns multiple online businesses and manages online businesses on behalf of certain unconsolidated entities in which it holds equity interests. It operates through business models, such as direct-to-consumer (D2C) e-commerce, business-to-business (B2B) SEO and marketing services, and B2B digital products. We show 2 historical shares outstanding datapoints in our ONFO shares outstanding history coverage, used to compute ONFO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ONFO market cap history over the course of time is important for investors
interested in comparing ONFO'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 ONFO versus a peer is one thing; comparing
ONFO 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 ONFO can fluctuate over the course of history.
With this page we aim to empower investors researching ONFO by allowing them to research the ONFO market cap history. |
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Video: The Importance of Market Cap
