Peak Fintech is the parent company of a group of innovative financial technology subsidiaries operating in China's commercial lending industry. Through its subsidiaries, Co. uses technology, analytics and artificial intelligence to create an ecosystem of lenders, borrowers and other participants in China's commercial lending space where lending operations are conducted rapidly, safely, efficiently and with the utmost transparency. We show 2 historical shares outstanding datapoints in our TNT shares outstanding history coverage, used to compute TNT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TNT market cap history over the course of time is important for investors
interested in comparing TNT'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 TNT versus a peer is one thing; comparing
TNT 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 TNT can fluctuate over the course of history.
With this page we aim to empower investors researching TNT by allowing them to research the TNT market cap history. |
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Video: The Importance of Market Cap
