Fortrea Holdings is a contract research organization providing phase I through IV biopharmaceutical product and medical device services, patient access solutions and other services. Co. provides its pharmaceutical, biotechnology, and medical device customers with clinical pharmacology, clinical development, and other service capabilities. Co. manages its business in two segments: Clinical Services, which brings solutions to market which include clinical pharmacology and clinical development capabilities; as well as Enabling Services, which provides patient access and technology solutions which can be deployed across any of its global solutions depending on the scope of its customers' needs. We show 4 historical shares outstanding datapoints in our FTRE shares outstanding history coverage, used to compute FTRE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FTRE market cap history over the course of time is important for investors
interested in comparing FTRE'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 FTRE versus a peer is one thing; comparing
FTRE 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 FTRE can fluctuate over the course of history.
With this page we aim to empower investors researching FTRE by allowing them to research the FTRE market cap history. |
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Video: The Importance of Market Cap
