Akero Therapeutics is a clinical-stage company developing treatments for patients with serious metabolic diseases, including non-alcoholic steatohepatitis (NASH), a disease without any approved therapies. NASH is a severe form of nonalcoholic fatty liver disease characterized by inflammation and fibrosis in the liver that can progress to cirrhosis, liver failure, cancer and death. Co.'s primary product candidate, efruxifermin, is an analog of fibroblast growth factor 21, which is an endogenously expressed hormone that protects against cellular stress and regulates metabolism of lipids, carbohydrates and proteins throughout the body. We show 20 historical shares outstanding datapoints in our AKRO shares outstanding history coverage, used to compute AKRO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AKRO market cap history over the course of time is important for investors
interested in comparing AKRO'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 AKRO versus a peer is one thing; comparing
AKRO 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 AKRO can fluctuate over the course of history.
With this page we aim to empower investors researching AKRO by allowing them to research the AKRO market cap history. |
Free AKRO Email Alerts:
Video: The Importance of Market Cap
