PREDQ (Predictive Technology Group) Shares Outstanding (Basic Average): 299.60 Mil (As of Mar. 2021)


What is Predictive Technology Group Shares Outstanding (Basic Average)?

Predictive Technology Group PREDQ -90.00% Shares Outstanding (Basic Average) is 299.60 Mil as of Mar. 2021.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Predictive Technology Group's average basic shares outstanding for the quarter that ended in Mar. 2021 was 299.60 Mil.

Predictive Technology Group  (OTCPK:PREDQ) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Predictive Technology Group Shares Outstanding (Basic Average) Related Terms

Predictive Technology Group Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Predictive Technology Group's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Predictive Technology Group Shares Outstanding (Basic Average) Chart

Predictive Technology Group Annual Data
Trend Aug06 Aug07 Jun16 Jun17 Jun18 Jun19 Jun20
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial 163.56 201.94 240.78 265.53 290.25

Predictive Technology Group Quarterly Data
Nov07 Feb08 May08 Jun16 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 294.69 279.41 299.60 299.60 299.60

Predictive Technology Group Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 299.60 Mil mean?
Predictive Technology Group (PREDQ) has a Shares Outstanding (Basic Average) of 299.60 Mil as of Mar. 2021. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Predictive Technology Group and its competitors.
Is Predictive Technology Group's Shares Outstanding (Basic Average) too high?
Predictive Technology Group's current Shares Outstanding (Basic Average) is 299.60 Mil.
How does Predictive Technology Group's Shares Outstanding (Basic Average) compare to GLMD and RCAR?
Predictive Technology Group's Shares Outstanding (Basic Average) of 299.60 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Biotechnology company?
A good Shares Outstanding (Basic Average) depends on the Biotechnology industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Predictive Technology Group and its competitors. Predictive Technology Group's current Shares Outstanding (Basic Average) is 299.60 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Predictive Technology Group stock overvalued right now?
Predictive Technology Group (PREDQ) has a current Shares Outstanding (Basic Average) of 299.60 Mil. The current Shares Outstanding (Basic Average) is 299.60 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Predictive Technology Group (PREDQ), the current Shares Outstanding (Basic Average) is 299.60 Mil as of Mar. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Predictive Technology Group Business Description

Address 2735 Parleys Way, Suite 205, Salt Lake City, UT, USA, 84109
Predictive Technology Group Inc (PRx) is a biotechnology company. It develops, commercializes, acquires and invests in technologies engaged in novel molecular diagnostic and therapeutic products in healthcare. The HCT/P segment offers minimally manipulated tissue products intended for homologous use, prepared utilizing proprietary extraction methods that reduce the loss of important scaffolding, growth factors and cytokines. The company's Diagnostics and Therapeutics segment uses data analytics for disease identification and subsequent therapeutic intervention through novel gene-based diagnostics, and companion therapeutics. It generates most of its revenues from HCT/Ps segment.