Rapid Micro Biosystems is a life sciences technology company providing automation solutions to facilitate the manufacturing and healthcare products such as biologics, vaccines, cell and gene therapies, and sterile injectables. Co.'s primary Growth Direct platform automates the antiquated, manual microbial quality control (MQC), testing workflows used in pharmaceutical manufacturing operations. Co.'s Growth Direct platform automates and digitizes the MQC and enables customers to perform this testing process. Co.'s platform comprises the Growth Direct system, proprietary consumables, laboratory information management system connection software, and customer support and validation services. We show 12 historical shares outstanding datapoints in our RPID shares outstanding history coverage, used to compute RPID market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RPID market cap history over the course of time is important for investors
interested in comparing RPID'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 RPID versus a peer is one thing; comparing
RPID 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 RPID can fluctuate over the course of history.
With this page we aim to empower investors researching RPID by allowing them to research the RPID market cap history. |
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Video: The Importance of Market Cap
