CYNK Technology Stock

CYNK Technology Market capitalization 2024

CYNK Technology Market capitalization

47,600.45 USD

Ticker

CYNK

ISIN

US23258A1088

WKN

A117TW

In 2024, CYNK Technology's market cap stood at 47,600.45 USD, a -100% increase from the 4.99 B USD market cap in the previous year.

The CYNK Technology Market capitalization history

YEARMarket Capitalization (undefined USD)
201247.6
2011-
2010-

CYNK Technology Aktienanalyse

What does CYNK Technology do?

CYNK Technology Corp was founded in 2008 and is a company dedicated to social media and data sharing. The company is headquartered in Belize City, Belize. Initially, their goal was to create a social networking platform similar to Facebook or LinkedIn, where users could share their profiles and expand their business and friendship networks. They planned to sell user data to advertisers, as the value of the company depended on the number of users and the profile information they provided. However, they struggled to gain a significant user base and implement their business model. In 2013, the company's stock price suddenly skyrocketed, making it one of the world's most expensive start-ups. This raised suspicions about the company's activities, and the US Securities and Exchange Commission (SEC) suspended trading of CYNK stocks due to concerns about false or misleading information. The company went offline for several months but re-emerged in 2015, now based in Las Vegas, offering a new application called Path.to for companies and recruiters. Path.to is a job matchmaking platform that utilizes custom algorithms to simplify the application process. CYNK experienced some success initially but was later sued for allegedly undermining the funding of Asher Enterprises. The company's current operational status is uncertain, and obtaining information about CYNK is difficult. The case of CYNK serves as an example of how false or unintended associations and evaluations can threaten or even ruin a company. CYNK Technology ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring CYNK Technology's Market Capitalization

CYNK Technology's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of CYNK Technology's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

CYNK Technology's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in CYNK Technology’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about CYNK Technology stock

What is the current CYNK Technology market capitalization?

The current market capitalization of CYNK Technology is 47,600.45 USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like CYNK Technology.

How has the market capitalization of CYNK Technology developed in recent years?

The market capitalization of CYNK Technology has increased/decreased by -100% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of CYNK Technology?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of CYNK Technology?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of CYNK Technology have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does CYNK Technology pay?

Over the past 12 months, CYNK Technology paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, CYNK Technology is expected to pay a dividend of 0 USD.

What is the dividend yield of CYNK Technology?

The current dividend yield of CYNK Technology is .

When does CYNK Technology pay dividends?

CYNK Technology pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of CYNK Technology?

CYNK Technology paid dividends every year for the past 0 years.

What is the dividend of CYNK Technology?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is CYNK Technology located?

CYNK Technology is assigned to the 'Communication' sector.

Wann musste ich die Aktien von CYNK Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of CYNK Technology from 11/17/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/17/2024.

When did CYNK Technology pay the last dividend?

The last dividend was paid out on 11/17/2024.

What was the dividend of CYNK Technology in the year 2023?

In the year 2023, CYNK Technology distributed 0 USD as dividends.

In which currency does CYNK Technology pay out the dividend?

The dividends of CYNK Technology are distributed in USD.

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Andere Kennzahlen von CYNK Technology

Our stock analysis for CYNK Technology Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of CYNK Technology Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.