Aphria is engaged in the production, supply and sale of medical cannabis in Canada. Co.'s medical cannabis is 100% greenhouse grown and comes in a range of products such as capsules, oral solutions, syringes and vaporizers. Co.'s cannabis capsules contain a precise dose of active cannabinoids in the form of purified cannabis oil. Co.'s oral solution contains purified cannabis oil in a liquid form. Co.'s syringe products are versatile and can be consumed in various forms, including orally or heated at a high temperature. Co.'s single-unit vaporizer cartridges are pre-filled with purified cannabis oil made from cannabis plant extract and natural terpenes. We show 2 historical shares outstanding datapoints in our APHA shares outstanding history coverage, used to compute APHA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing APHA market cap history over the course of time is important for investors
interested in comparing APHA'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 APHA versus a peer is one thing; comparing
APHA 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 APHA can fluctuate over the course of history.
With this page we aim to empower investors researching APHA by allowing them to research the APHA market cap history. |
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Video: The Importance of Market Cap
