Roadzen Inc. (Roadzen) is a global technology company engaged in transforming auto insurance using advanced artificial intelligence (AI). Co. has built a technology platform that uses telematics, computer vision and data science to develop solutions across the insurance value chain, namely underwriting, distribution, claims, and road safety. Roadzen's Insurtech platform provides solutions in relation to insurance products, including distribution, pre-inspection assistance, telematics, claims submission and administration, and roadside assistance. Clients use Roadzen's technology to build new products, sell insurance, process claims and improve road safety. We show 2 historical shares outstanding datapoints in our RDZN shares outstanding history coverage, used to compute RDZN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RDZN market cap history over the course of time is important for investors
interested in comparing RDZN'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 RDZN versus a peer is one thing; comparing
RDZN 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 RDZN can fluctuate over the course of history.
With this page we aim to empower investors researching RDZN by allowing them to research the RDZN market cap history. |
Free RDZN Email Alerts:
Video: The Importance of Market Cap
