Provention Bio is a clinical stage biopharmaceutical company. Co.'s primary asset, TZIELD, is approved to delay the onset of Stage 3 Type 1 Diabetes (T1D) in adult and pediatric patients aged eight years and older with Stage 2 T1D. Co. is also developing TZIELD for use in Stage 3 newly diagnosed T1D patients, for which Co. has an ongoing phase three clinical trial, the PROTECT study. Co.'s product portfolio also include: PRV-3279, which is a humanized bispecific scaffold molecule targeting the B-cell surface proteins, an inhibitory Fc receptor for the treatment of systemic lupus erythematosus and for the prevention of immunogenicity of biotherapeutics such as those used in gene therapy. We show 21 historical shares outstanding datapoints in our PRVB shares outstanding history coverage, used to compute PRVB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PRVB market cap history over the course of time is important for investors
interested in comparing PRVB'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 PRVB versus a peer is one thing; comparing
PRVB 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 PRVB can fluctuate over the course of history.
With this page we aim to empower investors researching PRVB by allowing them to research the PRVB market cap history. |
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Video: The Importance of Market Cap
