Restoration Robotics is a medical technology company developing and commercializing a robotic device, the ARTAS® System, that assists physicians in performing tasks that are a part of a follicular unit extraction surgery. The ARTAS® System includes the ARTAS Hair Studio application, a three-dimensional patient consultation tool that enables a physician to create a simulated hair transplant model for use in patient consultations. The ARTAS® System is comprised of the patient chair, the cart, which includes the robotic arm, vision system, artificial intelligence algorithms and a series of proprietary end effectors, which are the various devices at the end of the robotic arm. We show 12 historical shares outstanding datapoints in our HAIR shares outstanding history coverage, used to compute HAIR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HAIR market cap history over the course of time is important for investors
interested in comparing HAIR'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 HAIR versus a peer is one thing; comparing
HAIR 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 HAIR can fluctuate over the course of history.
With this page we aim to empower investors researching HAIR by allowing them to research the HAIR market cap history. |
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Video: The Importance of Market Cap
