Progress Software Corporation is a provider of infrastructure software. Co. provides software that enables organizations to develop and deploy their applications, as well as manage their data platforms, cloud and information technology infrastructure. Its global professional services organization delivers business solutions for customers through a combination of products, consulting and education. Co.'s consulting organization offers project management, implementation services, custom software development, programming and other services. We show 71 historical shares outstanding datapoints in our PRGS shares outstanding history coverage, used to compute PRGS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PRGS market cap history over the course of time is important for investors
interested in comparing PRGS'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 PRGS versus a peer is one thing; comparing
PRGS 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 PRGS can fluctuate over the course of history.
With this page we aim to empower investors researching PRGS by allowing them to research the PRGS market cap history. |
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Video: The Importance of Market Cap
