| Neogen develops, manufactures, and markets a line of products for food and animal safety. Co.'s segments are: Food Safety, which is engaged in the development, production and marketing of diagnostic test kits and related products used by food producers and processors to detect harmful natural toxins, foodborne bacteria, allergens and levels of general sanitation; and Animal Safety, which is engaged in the development, production and marketing of products dedicated to animal safety, including a range of consumable products marketed to veterinarians and animal health product distributors, and provides genomic identification and related interpretive bioinformatic services. We show 44 historical shares outstanding datapoints in our NEOG shares outstanding history coverage, used to compute NEOG market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NEOG market cap history over the course of time is important for investors
interested in comparing NEOG'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 NEOG versus a peer is one thing; comparing
NEOG 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 NEOG can fluctuate over the course of history.
With this page we aim to empower investors researching NEOG by allowing them to research the NEOG market cap history.