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Video: What is a Stock Split?
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Motus GI Holdings has developed the Pure-Vu System, a medical device that has been cleared to help facilitate the cleansing of a poorly prepared gastrointestinal tract during colonoscopy and to help facilitate upper gastrointestinal (GI) endoscopy procedures. The Pure-Vu System is also CE marked in the European Economic Area for use in colonoscopy. The Pure-Vu System integrates with standard and slim colonoscopes, as well as gastroscopes, to improve visualization during colonoscopy and upper GI procedures while preserving established procedural workflow and techniques. Through irrigation and evacuation of debris, the Pure-Vu System is designed to provide exams. According to our MOTS split history records, Motus GI Holdings has had 2 splits. | |
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Motus GI Holdings (MOTS) has 2 splits in our MOTS split history database. The first split for MOTS took place on July 26, 2022. This was a 1 for 20 reverse split, meaning for each 20 shares of MOTS owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 50 share position following the split. MOTS's second split took place on November 02, 2023. This was a 1 for 15 reverse split, meaning for each 15 shares of MOTS owned pre-split, the shareholder now owned 1 share. For example, a 50 share position pre-split, became a 3.33333333333333 share position following the split.
When a company such as Motus GI Holdings conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the MOTS split history from start to finish, an original position size of 1000 shares would have turned into 3.33333333333333 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Motus GI Holdings shares, starting with a $10,000 purchase of MOTS, presented on a split-history-adjusted basis factoring in the complete MOTS split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
02/15/2018 |
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End date: |
03/27/2024 |
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Start price/share: |
$1,290.00 |
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End price/share: |
$0.42 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.97% |
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Average Annual Total Return: |
-73.16% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$3.23 |
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Years: |
6.11 |
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Date |
Ratio |
07/26/2022 | 1 for 20 | 11/02/2023 | 1 for 15 |
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