Biolase develops, manufactures, markets, and sells laser systems. Co.'s proprietary systems allow dentists and other dental specialists to perform a range of dental procedures, including cosmetic, restorative, and surgical applications. Co. provides two categories of laser system products: Waterlase (all-tissue) systems and Diode (soft-tissue) systems. Co.'s brand, the Waterlase, uses a patented combination of water and laser energy to perform procedures performed using drills, scalpels, and other dental instruments for cutting soft and hard tissue. Co. also provides its diode laser systems to perform soft tissue, pain therapy, and cosmetic procedures, including teeth whitening. We show 24 historical shares outstanding datapoints in our BIOL shares outstanding history coverage, used to compute BIOL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BIOL market cap history over the course of time is important for investors
interested in comparing BIOL'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 BIOL versus a peer is one thing; comparing
BIOL 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 BIOL can fluctuate over the course of history.
With this page we aim to empower investors researching BIOL by allowing them to research the BIOL market cap history. |
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Video: The Importance of Market Cap
