SGMT Shares Outstanding History



Below is a table of the SGMT shares outstanding history going back to 7/14/2023:

Date SGMT Shares Outstanding
7/14/202320.65M
8/16/202321.35M
11/9/202321.38M
3/14/202430.39M

Also see: SGMT Market Cap History
SGMT YTD Return
SGMT Historical Shares Outstanding:
+70.61% CAGR
SGMT Historical Shares Outstanding: +70.61% CAGR

Mouse over chart for data details
7/14/2023 ...3/14/2024
Sagimet Biosciences is a clinical-stage biopharmaceutical company developing therapeutics called fatty acid synthase (FASN) inhibitors that target dysfunctional metabolic pathways in diseases resulting from the overproduction of the fatty acid, palmitate. Co.'s primary drug candidate, denifanstat, is an oral, once-daily pill and selective FASN inhibitor in development for the treatment of nonalcoholic steatohepatitis (NASH). Co. is testing denifanstat in its FASCINATE-2 Phase 2b clinical trial in NASH. Co. is also evaluating the promise of FASN inhibition in other disease areas in which dysregulation of fatty acid metabolism also plays a role, including in acne and certain forms of cancer. We show 4 historical shares outstanding datapoints in our coverage of SGMT's shares outstanding history.

Understanding the changing numbers of SGMT shares outstanding — and comprehending the concept of differing number of shares outstanding in general comparing companies like SGMT 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 SGMT by allowing them to research SGMT shares outstanding history as well as any other stock in our coverage universe.
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Sagimet Biosciences (SGMT) is categorized under the Healthcare sector; to help you further research historical shares outstanding numbers, below are some other companies in the same sector:

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