CareCloud is a healthcare information technology company that provides a suite of proprietary cloud-based solutions and related business services, to healthcare providers, from small practices to enterprise medical groups, hospitals, and health systems throughout the U.S. Co.'s Software-as-a-Service platforms include practice management, electronic health record, business intelligence, telehealth, patient experience management solutions, and robotic processing automation bots, along with complementary software tools and business services such as revenue cycle management, premiere healthcare consulting and implementation services, and on-demand workforce staffing capabilities. We show 33 historical shares outstanding datapoints in our MTBC shares outstanding history coverage, used to compute MTBC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MTBC market cap history over the course of time is important for investors
interested in comparing MTBC'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 MTBC versus a peer is one thing; comparing
MTBC 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 MTBC can fluctuate over the course of history.
With this page we aim to empower investors researching MTBC by allowing them to research the MTBC market cap history. |
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Video: The Importance of Market Cap
