| Achieve Life Sciences is a clinical-stage pharmaceutical company engaged in the development and commercialization of cytisine for smoking cessation. Co.'s product candidate, cytisine, is a naturally occurring plant-based alkyloid from the seeds of the Laburnum anagyroides plant. Cytisine is a smoking cessation aid that interacts with nicotine receptors in the brain. Co. has a license and supply agreement with Sopharma, AD (Sopharma) for the development and commercialization of cytisine outside of Sopharma's territory, which consists of certain countries in Central and Eastern Europe, Scandinavia, North Africa, the Middle East and Central Asia, as well as Vietnam. We show 3 historical shares outstanding datapoints in our ACHV shares outstanding history coverage, used to compute ACHV market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ACHV market cap history over the course of time is important for investors
interested in comparing ACHV'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 ACHV versus a peer is one thing; comparing
ACHV 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 ACHV can fluctuate over the course of history.
With this page we aim to empower investors researching ACHV by allowing them to research the ACHV market cap history.