ReShape Lifesciences is a weight-loss solutions company, providing a portfolio of products and services that manage and treat obesity and associated metabolic disease. Co.'s primary operations are in the following geographical areas: U.S., Australia and certain European and Middle Eastern countries. Co.'s portfolio includes the Lap-Band Adjustable Gastric Banding System, the reshapecare virtual health coaching program, the ReShape Marketplace, the Obalon Balloon System, the ReShape Vest, an investigational device to help treat more patients with obesity, and the Diabetes Bloc-Stim Neuromodulation device, a technology under development as a new treatment for type 2 diabetes mellitus. We show 15 historical shares outstanding datapoints in our RSLS shares outstanding history coverage, used to compute RSLS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RSLS market cap history over the course of time is important for investors
interested in comparing RSLS'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 RSLS versus a peer is one thing; comparing
RSLS 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 RSLS can fluctuate over the course of history.
With this page we aim to empower investors researching RSLS by allowing them to research the RSLS market cap history. |
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Video: The Importance of Market Cap
