Mangoceuticals, Inc. is primarily focused on developing, marketing, and selling a variety of men's health and wellness products and services via a secure telemedicine platform. Co. has developed and is commercially marketing a new brand of erectile dysfunction (ED) products under the brand name Mango and a brand of hair loss products under the brand name Grow. These products are produced at a compounding pharmacy using a proprietary combination of U.S. Food and Drug Administration (FDA) approved ingredients and are available to patients on the determination of a prescribing physician that the compounded drug is necessary for the individual patient. We show 6 historical shares outstanding datapoints in our MGRX shares outstanding history coverage, used to compute MGRX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MGRX market cap history over the course of time is important for investors
interested in comparing MGRX'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 MGRX versus a peer is one thing; comparing
MGRX 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 MGRX can fluctuate over the course of history.
With this page we aim to empower investors researching MGRX by allowing them to research the MGRX market cap history. |
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Video: The Importance of Market Cap
