CONMED is a medical technology company that provides devices and equipment for surgical procedures. Co.'s product lines consist of orthopedic surgery and general surgery. Co.'s orthopedic surgery provides products that support sports medicine, the repair of soft tissue in the knee, hip, shoulder and in the upper and lower extremities. Co. also provides its customers with a line of battery-powered, autoclavable, large and small bone power tool systems for use in orthopedic, arthroscopic, oral/maxillofacial, podiatric, spinal and cardiothoracic surgeries. Co.'s general surgery product line provides a range of products in the areas of advanced surgical and advanced endoscopic technologies. We show 57 historical shares outstanding datapoints in our CNMD shares outstanding history coverage, used to compute CNMD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CNMD market cap history over the course of time is important for investors
interested in comparing CNMD'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 CNMD versus a peer is one thing; comparing
CNMD 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 CNMD can fluctuate over the course of history.
With this page we aim to empower investors researching CNMD by allowing them to research the CNMD market cap history. |
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Video: The Importance of Market Cap
