Novo Integrated Sciences, through its wholly owned subsidiary, Novo Healthnet Limited (NHL), delivers multidisciplinary primary health care related services and products through the integration of medical technology, interconnectivity, improved therapeutics, diagnostic solutions, personalized product offerings, and rehabilitative science. Co.'s clinicians and practitioners provide certain multidisciplinary primary health care services, and related products. NHL's team of multidisciplinary primary health care clinicians and practitioners provide assessment, diagnosis, education and primary prevention for an array of orthopedic, musculoskeletal, sports injury, and neurological conditions. We show 13 historical shares outstanding datapoints in our NVOS shares outstanding history coverage, used to compute NVOS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NVOS market cap history over the course of time is important for investors
interested in comparing NVOS'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 NVOS versus a peer is one thing; comparing
NVOS 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 NVOS can fluctuate over the course of history.
With this page we aim to empower investors researching NVOS by allowing them to research the NVOS market cap history. |
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Video: The Importance of Market Cap
