Paysign is a provider of prepaid card products and processing services for corporate, consumer and government applications. Co. markets its prepaid card solutions under its Paysign® brand. Through the Paysign platform, Co. provides a range of services including transaction processing, cardholder enrollment, value loading, cardholder account management, reporting, and customer service. Co. has two categories for its prepaid debit cards: corporate and consumer reloadable, which classified as payroll or considered general purpose reloadable cards; and non-reloadable cards, which are generally one-time use cards that are only active until the funds initially loaded to the card are spent. We show 25 historical shares outstanding datapoints in our PAYS shares outstanding history coverage, used to compute PAYS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PAYS market cap history over the course of time is important for investors
interested in comparing PAYS'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 PAYS versus a peer is one thing; comparing
PAYS 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 PAYS can fluctuate over the course of history.
With this page we aim to empower investors researching PAYS by allowing them to research the PAYS market cap history. |
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Video: The Importance of Market Cap
