Danimer Scientific is a polymer company focusing on bioplastic replacements for petroleum-based plastics. Applications for biopolymers include additives, aqueous coatings, fibers, filaments, films, thermoforming, and injection-molded articles. Co.'s products and services include: Polyhydroxyalkanoate (PHA)-based Resins, in which it sells Nodax-based resins that are bio-based and renewably sourced; Polylactic acid (PLA)-based Resins, in which it combines PLA with other plant-based chemicals and minerals through its reactive extrusion process to improve PLA-based products' attributes; and Research and Development (R&D), in which it has PHA R&D contracts with consumer products companies. We show 13 historical shares outstanding datapoints in our DNMR shares outstanding history coverage, used to compute DNMR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DNMR market cap history over the course of time is important for investors
interested in comparing DNMR'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 DNMR versus a peer is one thing; comparing
DNMR 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 DNMR can fluctuate over the course of history.
With this page we aim to empower investors researching DNMR by allowing them to research the DNMR market cap history. |
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Video: The Importance of Market Cap
