Rockwell Medical is a commercial-stage, biopharmaceutical company developing and commercializing its parenteral iron technology platform, Ferric Pyrophosphate Citrate (FPC). Co. is also a supplier of hemodialysis concentrate products to kidney dialysis clinics in the U.S. Co. has two therapies, Triferic and Triferic AVNU, which are developed from its FPC platform. Co. markets both products to kidney dialysis centers for their patients receiving dialysis. Co. has filed an Investigational New Drug Application to conduct a Phase II trial for the treatment of iron deficiency anemia in patients outside of dialysis, who are receiving intravenous medications in the home infusion setting. We show 60 historical shares outstanding datapoints in our RMTI shares outstanding history coverage, used to compute RMTI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RMTI market cap history over the course of time is important for investors
interested in comparing RMTI'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 RMTI versus a peer is one thing; comparing
RMTI 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 RMTI can fluctuate over the course of history.
With this page we aim to empower investors researching RMTI by allowing them to research the RMTI market cap history. |
Free RMTI Email Alerts:
Video: The Importance of Market Cap
