Paymentus Holdings provides cloud-based bill payment technology and solutions. Co.'s platform provides electronic bill payment allows consumers to pay their bills using their preferred payment type and channel. Co.'s biller platform is developed on a single code base and utilizes a Software-as-a-Service infrastructure. Co.'s Instant Payment Network® (IPN) is a network consisting of billers that connects its billing, payment and reconciliation capabilities with its IPN partners' platforms. Co.'s platform supports omni-channel, electronic bill payments across various commerce channels, including online, mobile, interactive voice response, call center, chatbot and voice-based assistants. We show 50 historical shares outstanding datapoints in our PAY shares outstanding history coverage, used to compute PAY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PAY market cap history over the course of time is important for investors
interested in comparing PAY's market cap history versus its peers.
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,
and then calculating their respective market caps. Comparing the share price of PAY versus a peer is one thing; comparing
PAY market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like PAY can fluctuate over the course of history.
With this page we aim to empower investors researching PAY by allowing them to research the PAY market cap history. |
Free PAY Email Alerts:
Video: The Importance of Market Cap
