Merit Medical Systems is a manufacturer and marketer of proprietary medical devices used in interventional, diagnostic and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care and endoscopy. Co. designs, develops, markets and manufactures, through its own operations and contract manufacturers, medical products to its customers, as well as the patients they serve. Co. conducts its business through two operating segments: cardiovascular (which includes peripheral intervention, cardiac intervention, custom procedural solutions, and original equipment manufacturer) and endoscopy. We show 59 historical shares outstanding datapoints in our MMSI shares outstanding history coverage, used to compute MMSI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MMSI market cap history over the course of time is important for investors
interested in comparing MMSI'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 MMSI versus a peer is one thing; comparing
MMSI 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 MMSI can fluctuate over the course of history.
With this page we aim to empower investors researching MMSI by allowing them to research the MMSI market cap history. |
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Video: The Importance of Market Cap
