TRxADE Health operates a business-to-business web-based marketplace focused on the pharmaceutical industry. Co.'s products and services include: Trxade.com, which is a web-based pharmaceutical marketplace engaged in promoting commerce among independent pharmacies and pharmaceutical suppliers; Delivmeds.com., which provides delivery of pharmaceutical products associated with Co.'s subsidiary, Alliance Pharma Solutions, LLC.; Trxade Prime, which allows pharmacy members on the Trxade platform to process and ship purchase orders; and MedCheks Health Passport, which is a precision healthcare platform that lets patients control their health data via a digital Health Passport. We show 19 historical shares outstanding datapoints in our MEDS shares outstanding history coverage, used to compute MEDS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MEDS market cap history over the course of time is important for investors
interested in comparing MEDS'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 MEDS versus a peer is one thing; comparing
MEDS 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 MEDS can fluctuate over the course of history.
With this page we aim to empower investors researching MEDS by allowing them to research the MEDS market cap history. |
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Video: The Importance of Market Cap
