Wright Medical Group is a medical device company focused on extremities and biologics products. Co.'s product portfolio consists of the following product categories: Upper extremities, which include joint implants and bone fixation devices for the shoulder, elbow, wrist, and hand; Lower extremities, which include joint implants and bone fixation devices for the foot and ankle; Biologics, which include products used to support treatment of damaged or diseased bone, tendons, and soft tissues or to stimulate bone growth; and Sports Medicine and Other, which include products used across several anatomic sites to repair tissue-to-tissue or tissue-to-bone injuries and other ancillary products. We show 41 historical shares outstanding datapoints in our WMGI shares outstanding history coverage, used to compute WMGI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WMGI market cap history over the course of time is important for investors
interested in comparing WMGI'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 WMGI versus a peer is one thing; comparing
WMGI 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 WMGI can fluctuate over the course of history.
With this page we aim to empower investors researching WMGI by allowing them to research the WMGI market cap history. |
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Video: The Importance of Market Cap
