Magellan Health provides managed care services for some of the areas of healthcare. Co. provides services to health plans and other managed care organizations, employers, labor unions, various military and governmental agencies and third-party administrators. Co. operates the following segments: Healthcare, which includes Behavioral and Specialty Healthcare reporting unit that provides carve-out management services for behavioral health, employee assistance plans and other areas of healthcare; and Pharmacy Management, which is comprised of services that provide clinical and financial management of pharmaceuticals paid under both the medical and the pharmacy benefit. We show 49 historical shares outstanding datapoints in our MGLN shares outstanding history coverage, used to compute MGLN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MGLN market cap history over the course of time is important for investors
interested in comparing MGLN'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 MGLN versus a peer is one thing; comparing
MGLN 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 MGLN can fluctuate over the course of history.
With this page we aim to empower investors researching MGLN by allowing them to research the MGLN market cap history. |
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Video: The Importance of Market Cap
