| Psychemedics is a provider of hair testing for drugs of abuse, utilizing a patented hair analysis method involving digestion of hair, enzyme immunoassay technology and mass spectrometry to analyze human hair to detect abused substances. Co.'s tests provide quantitative information that can indicate the approximate amount of drug ingested as well as historical data, which can show a pattern of individual drug use over a longer period of time. Co. provides screening and confirmation by mass spectrometry for cocaine, marijuana, PCP, amphetamines, opiates, synthetic cannabinoids and benzodiazepines. In addition, Co. provides a hair test for alcohol. We show 39 historical shares outstanding datapoints in our coverage of PMD's shares outstanding history.|
Understanding the changing numbers of PMD shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PMD versus peers —
is critical for investors. 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.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching PMD by allowing them to research PMD shares outstanding history
as well as any other stock in our coverage universe.