Red Violet is a software and services company building proprietary technologies and applying analytical capabilities to deliver identity intelligence. Co. markets its solutions through, IDI™ and FOREWARN®. IDI is an analytics and information solutions provider delivering actionable intelligence to the risk management industry in support of use cases such as the verification and authentication of consumer identities, due diligence, prevention of fraud and abuse, legislative compliance, and debt recovery. FOREWARN is an app-based solution tailored for the real estate industry, providing knowledge prior to face-to-face engagement with a consumer, helping personnel identify and mitigate risk. We show 20 historical shares outstanding datapoints in our RDVT shares outstanding history coverage, used to compute RDVT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RDVT market cap history over the course of time is important for investors
interested in comparing RDVT'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 RDVT versus a peer is one thing; comparing
RDVT 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 RDVT can fluctuate over the course of history.
With this page we aim to empower investors researching RDVT by allowing them to research the RDVT market cap history. |
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Video: The Importance of Market Cap
