Healthcare Triangle is a healthcare information technology company focused on developing solutions in the sectors of cloud services, data science, and personnel and managed services for the healthcare and Life Sciences industry. Co. provides two proprietary software platforms, CloudEz and DataEz, for cloud transformation, automation, data management, security and data governance, and clinical and non-clinical operations management. Co.'s healthcare IT services include Electronic Health Records and software implementation, optimization, extension to community partners, as well as application managed services, and backup and disaster recovery capabilities on public cloud. We show 7 historical shares outstanding datapoints in our HCTI shares outstanding history coverage, used to compute HCTI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HCTI market cap history over the course of time is important for investors
interested in comparing HCTI'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 HCTI versus a peer is one thing; comparing
HCTI 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 HCTI can fluctuate over the course of history.
With this page we aim to empower investors researching HCTI by allowing them to research the HCTI market cap history. |
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Video: The Importance of Market Cap
