Hanger provides products and services that assist in improving or restoring the physical capabilities of patients with disabilities or injuries. Co.'s operating segments are: Patient Care and Products & Services. Co.'s Patient Care segment is comprised of Hanger Clinic, which focuses on the design, fabrication, and delivery of custom orthotic and prosthetic (O&P) devices. Co.'s Products & Services segment is comprised of Co.'s distribution services and therapeutic solutions businesses. Co. distribues catalog of O&P parts, componentry, and devices. Co.'s therapeutic solutions business develops rehabilitation technologies and provides clinical programs for post-acute rehabilitation patients. We show 17 historical shares outstanding datapoints in our HNGR shares outstanding history coverage, used to compute HNGR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HNGR market cap history over the course of time is important for investors
interested in comparing HNGR'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 HNGR versus a peer is one thing; comparing
HNGR 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 HNGR can fluctuate over the course of history.
With this page we aim to empower investors researching HNGR by allowing them to research the HNGR market cap history. |
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Video: The Importance of Market Cap
