Telenav is a provider of automotive software and services providing both in-vehicle and cloud-based solutions. In addition to navigation and location-based services, Co.'s connected car platform, VIVID, enables Co. to deliver in-vehicle infotainment, software solutions and services. In addition to navigation, VIVID enable applications for in-car commerce that allow consumers to make purchases for items, like fuel, parking and quick-serve food and beverage. Other applications include a media player, an interface for common car controls, and functions enabling smartphone integration. VIVID can also integrate voice-recognition-based smart assistants from commercial vendors. We show 44 historical shares outstanding datapoints in our TNAV shares outstanding history coverage, used to compute TNAV market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TNAV market cap history over the course of time is important for investors
interested in comparing TNAV'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 TNAV versus a peer is one thing; comparing
TNAV 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 TNAV can fluctuate over the course of history.
With this page we aim to empower investors researching TNAV by allowing them to research the TNAV market cap history. |
Free TNAV Email Alerts:
Video: The Importance of Market Cap
