NewAge is a healthy and organic consumer products company engaged in the development and commercialization of a portfolio of brands in three main category platforms including health and wellness, healthy appearance, and nutritional performance. Tahitian Noni is Co.'s main brand. Also, within the health and wellness platform is Co.'s LIMU brand. Co. has two main brands within the healthy appearance platform including TeMana, a skin care portfolio that is infused with Tahitian Noni, and Lucim, a line of clean skin care products. In Co.'s nutritional performance platform, Co. commercializes a line of weight management products and other nutritional supplements and nutraceuticals. We show 24 historical shares outstanding datapoints in our NBEV shares outstanding history coverage, used to compute NBEV market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NBEV market cap history over the course of time is important for investors
interested in comparing NBEV'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 NBEV versus a peer is one thing; comparing
NBEV 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 NBEV can fluctuate over the course of history.
With this page we aim to empower investors researching NBEV by allowing them to research the NBEV market cap history. |
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Video: The Importance of Market Cap
