Arbutus Biopharma is a therapeutic solutions company focused on discovering, developing and commercializing a cure for patients suffering from chronic Hepatitis B virus (HBV) infection. Co.'s HBV pipeline consists of multiple drug candidates, with differing and complementary mechanisms of action. The candidates include: RNAi 1.0 (ARB-1467), which is Co.'s main RNA Interference (RNAi) HBV candidate designed to block production of the viral proteins including HBV surface antigen expression in patients with HBV; RNAi 2.0 (ARB-1740), Co.'s second RNAi HBV candidate; and Capsid Inhibitors (AB-423 & AB-506), which is being developed as oral therapeutics for the treatment of chronic HBV infection. We show 32 historical shares outstanding datapoints in our ABUS shares outstanding history coverage, used to compute ABUS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ABUS market cap history over the course of time is important for investors
interested in comparing ABUS's market cap history versus its peers.
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,
and then calculating their respective market caps. Comparing the share price of ABUS versus a peer is one thing; comparing
ABUS market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ABUS can fluctuate over the course of history.
With this page we aim to empower investors researching ABUS by allowing them to research the ABUS market cap history. |
Video: The Importance of Market Cap
