SmartRent, Inc. is a provider of smart home and smart property solutions for the multifamily industry. Co.'s platform, comprised of smart hardware and cloud-based software-as-a-service solutions, gives operators visibility and control over real estate assets empowering them to simplify operations, automate workflows and deliver site team and resident experiences. Through a Hub Device, the Co. enables the integration of its platform with third-party smart devices, its own hardware devices and other technology interfaces. It uses an open-architecture, brand-agnostic approach that allows owners, operators, and residents to manage their smart home systems through a single connected interface. We show 52 historical shares outstanding datapoints in our SMRT shares outstanding history coverage, used to compute SMRT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SMRT market cap history over the course of time is important for investors
interested in comparing SMRT'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 SMRT versus a peer is one thing; comparing
SMRT 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 SMRT can fluctuate over the course of history.
With this page we aim to empower investors researching SMRT by allowing them to research the SMRT market cap history. |
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Video: The Importance of Market Cap
