TraceSafe Market cap
What is the Market cap of TraceSafe?
The Market cap of TraceSafe Inc. is $2.89M
What is the definition of Market cap?
Market capitalization is the market value at a point in time of the shares outstanding of a publicly traded company, being equal to the share price at that point of time times the number of shares outstanding.
= outstanding shares * previous day’s close
As outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation.
Market capitalization is used by the investment community in ranking the size of companies, as opposed to sales or total asset figures. It is also used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange. In performing such rankings, the market capitalizations are calculated at some significant date, such as 30 June or 31 December.
The total capitalization of stock markets or economic regions may be compared with other economic indicators. The total market capitalization of all publicly traded companies in the world was US$51.2 trillion in January 2007 and rose as high as US$57.5 trillion in May 2008 before dropping below US$50 trillion in August 2008 and slightly above US$40 trillion in September 2008. In 2014 and 2015, global market capitalization was US$68 trillion and US$67 trillion, respectively.
Market cap of companies in the Technology sector on OTC compared to TraceSafe
What does TraceSafe do?
TraceSafe Inc. provides a suite of real-time location management services and contact tracing solutions enabled through Bluetooth beacons and enterprise cloud management in the British Virgin Islands, Japan, and internationally. Its cloud management solution ensures user privacy and administrative control. The company's patented contact tracing bracelet deploys in mission-critical quarantine applications in partnership with governments. It also engages in the development of solutions for enterprise, healthcare, education, government, and large-scale venue management. The company was formerly known as Blockchain Holdings Ltd. and changed its name to TraceSafe Inc. in June 2020. TraceSafe Inc. is headquartered in Road Town, the British Virgin Islands.
Companies with market cap similar to TraceSafe
- H-CYTE has Market cap of $2.86M
- Abigail Capital has Market cap of $2.87M
- Traka Resources has Market cap of $2.87M
- Dynamic Industries has Market cap of $2.88M
- Logic Instrument S.A has Market cap of $2.88M
- Sterling Consolidated has Market cap of $2.88M
- TraceSafe has Market cap of $2.89M
- Rishi Laser has Market cap of $2.89M
- Partner Jet has Market cap of $2.89M
- Southern Empire Resources has Market cap of $2.89M
- Total Telcom has Market cap of $2.90M
- Proteostasis Therapeutics Inc has Market cap of $2.90M
- Patel Integrated Logistics has Market cap of $2.90M