China Rapid Finance is a holding company. Through its subsidiaries, Co. is engaged in providing a consumer lending marketplace for lenders and borrowers in the People's Republic of China with predictive selection technology, automated decisioning technology, non-credit data analytic and risk-based pricing capabilities, to serve marketplace investors and borrowers both online and through a physical network of data verification centers. Co. also engaged in the micro-credit lending business through one of its subsidiaries. We show 1 historical shares outstanding datapoints in our XRF shares outstanding history coverage, used to compute XRF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing XRF market cap history over the course of time is important for investors
interested in comparing XRF'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 XRF versus a peer is one thing; comparing
XRF 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 XRF can fluctuate over the course of history.
With this page we aim to empower investors researching XRF by allowing them to research the XRF market cap history. |
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Video: The Importance of Market Cap
