PROCEPT BioRobotics is a surgical robotics company focused on advancing patient care by developing transformative solutions in urology. Co. develops, manufactures and sells the AquaBeam Robotic System, an image-guided, surgical robotic system for use in minimally invasive urologic surgery, with an initial focus on treating benign prostatic hyperplasia (BPH). BPH is a common prostate disease. The AquaBeam Robotic System employs a single-use disposable handpiece to deliver Co.'s proprietary Aquablation therapy, which combines real-time, multi-dimensional imaging, personalized treatment planning, automated robotics and heat-free waterjet ablation for targeted removal of prostate tissue. We show 8 historical shares outstanding datapoints in our PRCT shares outstanding history coverage, used to compute PRCT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PRCT market cap history over the course of time is important for investors
interested in comparing PRCT'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 PRCT versus a peer is one thing; comparing
PRCT 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 PRCT can fluctuate over the course of history.
With this page we aim to empower investors researching PRCT by allowing them to research the PRCT market cap history. |
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Video: The Importance of Market Cap
