ENZC (Enzolytics) Shares Outstanding (Diluted Average): 0.04 Mil (As of Jun. 2011)

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What is Enzolytics Shares Outstanding (Diluted Average)?

Enzolytics ENZC Shares Outstanding (Diluted Average) is 0.04 Mil as of Jun. 2011.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Enzolytics's average diluted shares outstanding for the quarter that ended in Jun. 2011 was 0.04 Mil.

Enzolytics  (OTCPK:ENZC) Shares Outstanding (Diluted 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.

Enzolytics Shares Outstanding (Diluted Average) Related Terms

Enzolytics Shares Outstanding (Diluted Average) Historical Data

* Premium members only.

The historical data trend for Enzolytics's Shares Outstanding (Diluted 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.

Enzolytics Shares Outstanding (Diluted Average) Chart

Enzolytics Annual Data
Trend Dec07 Jul08 Dec09 Dec10
Shares Outstanding (Diluted Average)
0.00 0.00 0.00 0.01

Enzolytics Quarterly Data
Sep07 Dec07 Apr08 Jul08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
Shares Outstanding (Diluted 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 0.01 0.01 0.05 0.05 0.04

Enzolytics Shares Outstanding (Diluted 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 (Diluted Average) of 0.04 Mil mean?
Enzolytics (ENZC) has a Shares Outstanding (Diluted Average) of 0.04 Mil as of Jun. 2011. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Enzolytics and its competitors.
Is Enzolytics' Shares Outstanding (Diluted Average) too high?
Enzolytics' current Shares Outstanding (Diluted Average) is 0.04 Mil.
How does Enzolytics' Shares Outstanding (Diluted Average) compare to competitors?
Enzolytics' Shares Outstanding (Diluted Average) of 0.04 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 (Diluted Average) for a Biotechnology company?
A good Shares Outstanding (Diluted Average) depends on the Biotechnology industry context. However, Shares Outstanding (Diluted 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 (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Enzolytics and its competitors. Enzolytics's current Shares Outstanding (Diluted Average) is 0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enzolytics stock overvalued right now?
Enzolytics (ENZC) has a current Shares Outstanding (Diluted Average) of 0.04 Mil. The current Shares Outstanding (Diluted Average) is 0.04 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Enzolytics (ENZC), the current Shares Outstanding (Diluted Average) is 0.04 Mil as of Jun. 2011. 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.

Enzolytics Business Description

Address 1101 Raintree Circle, Suite 130, Allen, TX, USA, 75013
Enzolytics Inc is a drug development company committed to the commercialization of its proprietary proteins for the treatment of debilitating infectious diseases. The company is committed to creating drugs for the good health of mankind. ENZC's flagship compound, ITV-1, is a suspension of Inactivated Pepsin Fragment (IPF), which studies have shown is effective in the treatment of HIV. IPF is the active drug substance of ITV-1 and is a purified extract of porcine pepsin. ITV-1 has been shown to modulate the immune system. IPF is a platform technology that can be used to facilitate a broad range of applications. It is free from neurological, gastrointestinal and hematological side effects seen in the anti-retrovirals in use.