TELA Bio is a medical technology company focused on providing soft-tissue reconstruction solutions that support clinical outcomes by focusing on the preservation and restoration of the patient's own anatomy. Co.'s first portfolio of products, the OviTex Reinforced Tissue Matrix (OviTex), engages in hernia repair and abdominal wall reconstruction by combining the benefits of biologic matrices and polymer materials. In addition, Co. has also designed an OviTex product specifically for use in laparoscopic and robotic-assisted hernia repair, which it markets as OviTex LPR. Co.'s second portfolio of products, the OviTex PRS Reinforced Tissue Matrix, engages in plastic and reconstructive surgery. We show 17 historical shares outstanding datapoints in our TELA shares outstanding history coverage, used to compute TELA market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TELA market cap history over the course of time is important for investors
interested in comparing TELA'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 TELA versus a peer is one thing; comparing
TELA 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 TELA can fluctuate over the course of history.
With this page we aim to empower investors researching TELA by allowing them to research the TELA market cap history. |
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Video: The Importance of Market Cap
