Bio-Techne develops, manufactures and sells life science reagents, instruments and services for the research, diagnostics and bioprocessing markets. Co.'s Protein Sciences segment develops and manufactures biological reagents used in various aspects of life science research, diagnostics and cell and gene therapy. Co.'s Diagnostics and Genomics segment develops and manufactures diagnostic products, including controls, calibrators, and diagnostic assays for the regulated diagnostics market, exosome-based molecular diagnostic assays, tissue-based in-situ hybridization assays for spatial genomic and tissue biopsy analysis, and genetic and oncology kits for research and clinical applications. We show 56 historical shares outstanding datapoints in our TECH shares outstanding history coverage, used to compute TECH market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Bio-Techne market cap history over the course of time is important for investors
interested in comparing Bio-Techne'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 Bio-Techne versus a peer is one thing; comparing
Bio-Techne 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 Bio-Techne can fluctuate over the course of history.
With this page we aim to empower investors researching Bio-Techne by allowing them to research the Bio-Techne market cap history. |
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Video: The Importance of Market Cap
