CAS Medical Systems is a medical technology company that develops, manufactures, and distributes non-invasive patient monitoring products for patient care. Co. has two categories of sales within one reportable business unit: Tissue Oximetry Monitoring, which includes sales of Co.'s FORE-SIGHT tissue oximeter monitors, sensors and accessories; and Service and Other, which includes sales of service parts and repairs and other miscellaneous sales, as well as various repair services to its customers for legacy and FORE-SIGHT monitors installed in the field. Co. markets its products worldwide through its sales force, distributors, and manufacturers' representatives. We show 36 historical shares outstanding datapoints in our CASM shares outstanding history coverage, used to compute CASM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CASM market cap history over the course of time is important for investors
interested in comparing CASM'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 CASM versus a peer is one thing; comparing
CASM 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 CASM can fluctuate over the course of history.
With this page we aim to empower investors researching CASM by allowing them to research the CASM market cap history. |
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Video: The Importance of Market Cap
