Sophiris Bio is a biopharmaceutical company focused on products for the treatment of urological diseases. Co. is developing topsalysin (PRX302) as a treatment for clinically significant localized prostate cancer and as a treatment for the lower urinary tract symptoms of benign prostatic hyperplasia, commonly referred to as an enlarged prostate. Topsalysin, a genetically modified recombinant protein, is delivered via ultrasound-guided injection directly into the prostate. This protein is selectively activated by enzymatically active prostate specific antigen, which is in the prostate, resulting in localized cell death and tissue disruption without damage to neighboring tissue and nerves. We show 24 historical shares outstanding datapoints in our SPHS shares outstanding history coverage, used to compute SPHS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SPHS market cap history over the course of time is important for investors
interested in comparing SPHS'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 SPHS versus a peer is one thing; comparing
SPHS 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 SPHS can fluctuate over the course of history.
With this page we aim to empower investors researching SPHS by allowing them to research the SPHS market cap history. |
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Video: The Importance of Market Cap
