| Astrotech is a mass spectrometry company that launches, manages, and commercializes companies based on its main technology. Co.'s business units are: Astrotech Technologies, Inc., which owns and licenses the Astrotech Mass Spectrometer Technology; 1st Detect Corporation, which has developed the TRACER 1000, a mass spectrometer based explosives trace detector; AgLAB Inc., which has developed the AgLAB-1000 series of mass spectrometers for use in the hemp and cannabis market; and BreathTech Corporation, which is developing the BreathTest-1000, a breath analysis tool to screen for volatile organic compound metabolites found in a person's breath. We show 27 historical shares outstanding datapoints in our ASTC shares outstanding history coverage, used to compute ASTC market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ASTC market cap history over the course of time is important for investors
interested in comparing ASTC'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 ASTC versus a peer is one thing; comparing
ASTC 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 ASTC can fluctuate over the course of history.
With this page we aim to empower investors researching ASTC by allowing them to research the ASTC market cap history.