Root, Inc. is a holding company. Co. operates through its subsidiaries, including Root Insurance Co., Root Property & Casualty Insurance Co. and Root Reinsurance Co., Ltd. Co. is a technology insurance company operating a direct-to-consumer model with its personal insurance customers acquired through mobile apps. It offers auto and renters insurance products underwritten by Root Insurance Co. and Root Property & Casualty. Co., by collecting and synthesizing sensory behavioral data across thousands of driving variables, including distracted driving, it strives to price auto insurance based more on causality than correlation. We show 16 historical shares outstanding datapoints in our coverage of ROOT's shares outstanding history.
Understanding the changing numbers of ROOT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ROOT versus peers —
is critical for investors. 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.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching ROOT by allowing them to research ROOT shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
