SCWorx is a provider of data content and services related to the repair, normalization and interoperability of information for healthcare providers, as well as big data analytics for the healthcare industry. Co. has developed and markets health care information technology solutions and associated services that improve healthcare processes and information flow within hospitals and other healthcare facilities. Co.'s software enables a healthcare provider to organize its data (data normalization), allows the data to be utilized across various internal software applications (interoperability) and provides the basis for sophisticated data analytics (big data). We show 20 historical shares outstanding datapoints in our WORX shares outstanding history coverage, used to compute WORX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WORX market cap history over the course of time is important for investors
interested in comparing WORX'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 WORX versus a peer is one thing; comparing
WORX 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 WORX can fluctuate over the course of history.
With this page we aim to empower investors researching WORX by allowing them to research the WORX market cap history. |
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Video: The Importance of Market Cap
