What is Saipem's market capitalization?

Saipem reported EUR2.95B in Market Capitalization this July of 2023, considering the latest stock price and the number of outstanding shares.

What is market cap?

Market capitalisation, often shortened to "market cap", is the total market value of a company's outstanding shares, usually expressed in the currency in which the company's shares are listed. The figure can be arrived at by multiplying the number of outstanding shares by the current market value of one share.

What is a small-cap company?

Companies that have a market capitalization of between $300 million to $2 billion are generally classified as small-cap companies. These small companies could be younger and/or they could serve niche markets and new industries. These companies are considered higher-risk investments due to their age, the markets they serve, and their size.

What is an example of a high market cap?

For example, a company priced at $20 per share and with 100 million shares outstanding would have a market capitalization of $2 billion. A high market cap signifies that the company has a larger presence in the market.