Nano-X Imaging is engaged in appplying medical imaging technology for the early detection of medical conditions that are discoverable by X-ray. Co.'s solution, the Nanox System, has hardware (Nanox.ARC) and software (Nanox.CLOUD). Co. has developed a prototype of the Nanox.ARC, a medical imaging system incorporating its digital X-ray source. Co. has developed a prototype of the Nanox.CLOUD, a cloud-based software that is designed to provide an end-to-end medical imaging service, including services such as image repository, radiologist matching, online and offline diagnostics review and annotation, connectivity to diagnostic assistive artificial intelligence systems, billing and reporting. We show 2 historical shares outstanding datapoints in our NNOX shares outstanding history coverage, used to compute NNOX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NNOX market cap history over the course of time is important for investors
interested in comparing NNOX'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 NNOX versus a peer is one thing; comparing
NNOX 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 NNOX can fluctuate over the course of history.
With this page we aim to empower investors researching NNOX by allowing them to research the NNOX market cap history. |
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Video: The Importance of Market Cap
