MRI Interventions is a medical device company that develops and commercializes platforms for performing minimally invasive surgical procedures in the brain and heart under direct, intra-procedural magnetic resonance imaging (MRI) guidance. Co.'s ClearPoint Neuro Navigation System is designed to allow minimally invasive procedures in the brain to be performed in a hospital's existing MRI suite. Co.'s ClearTrace Cardiac Navigation System is designed to allow catheter-based minimally invasive procedures in the heart to be performed using continuous, intra-procedural MRI guidance. Co.'s product platforms are comprised of hardware components, disposable components and software. We show 2 historical shares outstanding datapoints in our MRIC shares outstanding history coverage, used to compute MRIC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MRIC market cap history over the course of time is important for investors
interested in comparing MRIC'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 MRIC versus a peer is one thing; comparing
MRIC 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 MRIC can fluctuate over the course of history.
With this page we aim to empower investors researching MRIC by allowing them to research the MRIC market cap history. |
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Video: The Importance of Market Cap
