SOPHiA Genetics is a healthcare technology company dedicated to establishing the practice of data-driven medicine as the standard of care and for life sciences research. Co. is the creator of the SOPHiA DDM™ Platform, a cloud-based SaaS platform capable of analyzing data and generating insights from complex multimodal data sets and different diagnostic modalities. Co.'s customers generally perform testing on their own samples, retain custody of both their sample and data, and use Co.'s SOPHiA platform to analyze the pseudonymized data. The SOPHiA DDM™ Platform and related solutions, products and services are used by more than 750 hospital, laboratory and biopharma institutions globally. We show 2 historical shares outstanding datapoints in our SOPH shares outstanding history coverage, used to compute SOPH market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SOPH market cap history over the course of time is important for investors
interested in comparing SOPH'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 SOPH versus a peer is one thing; comparing
SOPH 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 SOPH can fluctuate over the course of history.
With this page we aim to empower investors researching SOPH by allowing them to research the SOPH market cap history. |
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Video: The Importance of Market Cap
