Market Capitalization is total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
In most publications or references market cap is broken down into the mega cap, large cap, mid cap, small cap, micro cap, and nano cap. Market Cap is a measurement of business as total market value of all of outstanding shares at a given time, and can be used to compare different companies based on their size.
Nokia Market Capitalization Assessment
Based on recorded statements the market capitalization of Nokia Corporation is about 28.99 B. This is 13.04% higher than that of Technology sector, and 16.52% higher than that of Communication Equipment industry, The Market Capitalization for all stocks is 141.15% lower than the firm.
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Nokia Corporation is regarded third in market capitalization category among related companies. Market capitalization of Communication Equipment industry is now estimated at about 219.66 Billion. Nokia retains roughly 28.99 Billion in market capitalization claiming about 13% of stocks in Communication Equipment industry.
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