XWELL, Inc. is a global health and wellness holding company. Co. operates through four segments: XpresTest, XpresSpa, Treat, and Naples Wax Center. The XpresTest segment provides diagnostic COVID-19 tests at XpresCheck Wellness Centers in airports, to airport employees and to the traveling public but has transitioned to the centers for disease control and prevention (CDC's) bio-surveillance program. XpresTest's HyperPointe business provides a range of service and support options for its customers, including technical support services and advanced services. The XpresSpa segment provides travelers premium spa services, including massage, nail and skin care, as well as spa and travel products. We show 4 historical shares outstanding datapoints in our XWEL shares outstanding history coverage, used to compute XWEL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing XWEL market cap history over the course of time is important for investors
interested in comparing XWEL'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 XWEL versus a peer is one thing; comparing
XWEL 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 XWEL can fluctuate over the course of history.
With this page we aim to empower investors researching XWEL by allowing them to research the XWEL market cap history. |
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Video: The Importance of Market Cap
