Healthcare Services Group provides management, administrative and operating capabilities and services to the housekeeping, laundry, linen, facility maintenance and dietary service departments of healthcare facilities. Co.'s segments are: housekeeping, laundry, linen and other services, which is responsible for the cleaning, disinfecting and sanitizing of resident rooms and other areas of the customers' facilities, as well as the laundering and processing of the bed linens, uniforms, resident personal clothing and other assorted linen items; and dietary department services, which is responsible for food purchasing, meal preparation and other dietitian services, such as development of menus. We show 56 historical shares outstanding datapoints in our HCSG shares outstanding history coverage, used to compute HCSG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HCSG market cap history over the course of time is important for investors
interested in comparing HCSG'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 HCSG versus a peer is one thing; comparing
HCSG 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 HCSG can fluctuate over the course of history.
With this page we aim to empower investors researching HCSG by allowing them to research the HCSG market cap history. |
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Video: The Importance of Market Cap
