Paymentus Holdings, Inc. is a provider of cloud-based bill payment technology and solutions for more than 1,900 billers and financial institutions across North America. Co. delivers its product suite through a technology stack. Co.'s artificial intelligence (AI)-driven software-as-a-service (SaaS) platform provides a single-vendor solution. Its Instant Payment Network (IPN) connects IPN partners' platforms and various billers to its integrated billing, payment and reconciliation capabilities. We show 57 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. |
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Video: The Importance of Market Cap
