Novo Nordisk A/S is a global healthcare company engaged in diabetes care. Co. is also engaged in the discovery, development, manufacturing and marketing of pharmaceutical products. Co. operates through two business segments: diabetes and obesity care, and biopharmaceuticals. Co.'s diabetes and obesity care segment covers insulin, GLP-1, other protein-related products, such as glucagon, protein-related delivery systems and needles, and oral anti-diabetic drugs. Co.'s biopharmaceuticals segment covers the therapy areas of hemophilia care, growth hormone therapy and hormone replacement therapy. Co. also offers Saxenda product to treat obesity. We show 1 historical shares outstanding datapoints in our NVO shares outstanding history coverage, used to compute NVO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NVO market cap history over the course of time is important for investors
interested in comparing NVO'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 NVO versus a peer is one thing; comparing
NVO 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 NVO can fluctuate over the course of history.
With this page we aim to empower investors researching NVO by allowing them to research the NVO market cap history. |
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Video: The Importance of Market Cap
