Reliance Global Group, Inc. is a InsurTech company leveraging artificial intelligence (AI), and cloud-based technologies, to transform and enhance efficiencies in the insurance agency/brokerage industry. Co. is engaged in managing assets in the insurance markets, as well as other related sectors. Co.'s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools. Co.'s business-to-consumer platform, 5minuteinsure.com (5MI), utilizes AI and data mining, to provide online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. We show 16 historical shares outstanding datapoints in our RELI shares outstanding history coverage, used to compute RELI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RELI market cap history over the course of time is important for investors
interested in comparing RELI'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 RELI versus a peer is one thing; comparing
RELI 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 RELI can fluctuate over the course of history.
With this page we aim to empower investors researching RELI by allowing them to research the RELI market cap history. |
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Video: The Importance of Market Cap
