Globus Medical is a medical device company that develops and commercializes healthcare solutions for patients with musculoskeletal disorders. Co. focuses on medical device development and delivering service to hospitals, ambulatory surgery centers and physicians. Co.'s product categories are: Musculoskeletal Solutions, which include implantable devices, biologics, accessories, and surgical instruments used in a range of spinal, orthopedic and neurosurgical procedures; and Enabling Technologies, which include imaging, navigation and robotics solutions for assisted surgery which are computer-assisted intelligent systems designed to improve a surgeon's capabilities and improve patient care. We show 50 historical shares outstanding datapoints in our GMED shares outstanding history coverage, used to compute GMED market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GMED market cap history over the course of time is important for investors
interested in comparing GMED'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 GMED versus a peer is one thing; comparing
GMED 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 GMED can fluctuate over the course of history.
With this page we aim to empower investors researching GMED by allowing them to research the GMED market cap history. |
Free GMED Email Alerts:
Video: The Importance of Market Cap
