RadNet is a provider of freestanding, fixed-site outpatient diagnostic imaging services. Co. operates directly or indirectly through joint ventures with hospitals, various centers located in Arizona, California, Delaware, Florida, Maryland, New Jersey, and New York. Co.'s centers provide physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders. Co.'s services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy and other related procedures. We show 58 historical shares outstanding datapoints in our RDNT shares outstanding history coverage, used to compute RDNT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RDNT market cap history over the course of time is important for investors
interested in comparing RDNT'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 RDNT versus a peer is one thing; comparing
RDNT 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 RDNT can fluctuate over the course of history.
With this page we aim to empower investors researching RDNT by allowing them to research the RDNT market cap history. |
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Video: The Importance of Market Cap
