Erytech Pharma is a biopharmaceutical company developing therapies for various forms of cancer and orphan diseases. Utilizing its proprietary ERYCAPS platform, which uses a technology to encapsulate therapeutic drug substances inside erythrocytes, or red blood cells, Co. is developing a pipeline of product candidates for patients with unmet medical needs. Co.'s main product candidate, eryaspase, targets the metabolism of cancer cells by depriving the cells of asparagine, an amino acid necessary for their survival and critical in maintaining the cells' rapid growth rate. Co. is developing eryaspase for the treatment of cancer, including pancreatic cancer and triple negative breast cancer. We show 1 historical shares outstanding datapoints in our ERYP shares outstanding history coverage, used to compute ERYP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ERYP market cap history over the course of time is important for investors
interested in comparing ERYP'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 ERYP versus a peer is one thing; comparing
ERYP 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 ERYP can fluctuate over the course of history.
With this page we aim to empower investors researching ERYP by allowing them to research the ERYP market cap history. |
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Video: The Importance of Market Cap
