OBIO Market Cap History



Below is a table of the OBIO market cap history going back to 5/9/2024:

Date OBIO Market Cap
5/9/2024177.15M
8/7/2024220.52M
11/7/2024228.46M

Also see: OBIO Shares Outstanding History
and OBIO YTD Return
OBIO Historical Market Cap:
+58.08% CAGR
OBIO Historical Market Cap: +58.08% CAGR

Mouse over chart for data details
5/9/20248/7/202411/7/2024
Orchestra BioMed Holdings is a biomedical company focused on developing therapeutic products for in procedure-based medicine. Co.'s primary product candidates include Virtue® Sirolimus AngioInfusion™ Balloon for the treatment of artery disease and BackBeat Cardiac Neuromodulation Therapy™ for the treatment of hypertension. We show 3 historical shares outstanding datapoints in our OBIO shares outstanding history coverage, used to compute OBIO market cap on those dates.

Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing OBIO market cap history over the course of time is important for investors interested in comparing OBIO'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 OBIO versus a peer is one thing; comparing OBIO 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 OBIO can fluctuate over the course of history. With this page we aim to empower investors researching OBIO by allowing them to research the OBIO market cap history.
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Orchestra BioMed Holdings (OBIO) is categorized under the Healthcare sector; to help you further research historical market cap numbers, below are some other companies in the same sector:

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