Orthofix Medical is a medical device company. Co.'s Global Spine segment provides implantable medical devices, biologics, and other regenerative solutions. This segment's product categories include: Bone Growth Therapies, which manufactures, distributes, and provides support services for bone growth stimulation devices; Spinal Implants, which designs, develops and markets a portfolio of motion preservation and fixation implant products; and Biologics, which provides a portfolio of products and tissue forms. Co.'s Global Orthopedics segment provides products and solutions that allow physicians to treat a variety of orthopedic conditions unrelated to the spine. We show 52 historical shares outstanding datapoints in our OFIX shares outstanding history coverage, used to compute OFIX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing OFIX market cap history over the course of time is important for investors
interested in comparing OFIX'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 OFIX versus a peer is one thing; comparing
OFIX 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 OFIX can fluctuate over the course of history.
With this page we aim to empower investors researching OFIX by allowing them to research the OFIX market cap history. |
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Video: The Importance of Market Cap
