Covetrus is an animal-health technology and services company. Co. provides products, services, and technology to veterinarians and animal-health practitioners across the globe. Co. provides technology solutions and services, including practice management software, data-driven applications, client communications tools, and related services. Co. develops, provides, and supports veterinary practices with a range of veterinary software systems. Co. also provides solutions that integrate with its software platforms, including client communication services, reminders, data backup services, hardware sales and support, and credit card processing. We show 16 historical shares outstanding datapoints in our CVET shares outstanding history coverage, used to compute CVET market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CVET market cap history over the course of time is important for investors
interested in comparing CVET'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 CVET versus a peer is one thing; comparing
CVET 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 CVET can fluctuate over the course of history.
With this page we aim to empower investors researching CVET by allowing them to research the CVET market cap history. |
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Video: The Importance of Market Cap
