Global Cord Blood is a holding company. Through its subsidiaries, Co. provides cord blood banking services. Co. provides cord blood processing and storage services for expectant parents interested in capturing the opportunities made available by evolving medical treatments and technologies. Co. also preserves cord blood units donated by the public, provides matching services on such donated units and delivers matching units to patients in need of transplants. Co.'s cord blood banking operations consist of its subscription services, which involve the preservation of cord blood for the newborn as a precautionary healthcare measure for the benefit of the children and other family members. We show 15 historical shares outstanding datapoints in our CO shares outstanding history coverage, used to compute CO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CO market cap history over the course of time is important for investors
interested in comparing CO'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 CO versus a peer is one thing; comparing
CO 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 CO can fluctuate over the course of history.
With this page we aim to empower investors researching CO by allowing them to research the CO market cap history. |
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Video: The Importance of Market Cap
