| Performant Financial provides technology-enabled audit, recovery, and analytics services with a focus in the healthcare industry. Co. works with healthcare payers through claims auditing and eligibility-based services to identify improper payments. Co. provides payment integrity services related to improper payments in the healthcare market. Under its Medicare Recovery Audit Contractor contracts with the Centers for Medicare and Medicaid Services, Co. utilizes its technology-enabled services platform to screen Medicare claims against several criteria, including coding procedures and medical necessity standards, to determine whether a claim should be further investigated. We show 44 historical shares outstanding datapoints in our PFMT shares outstanding history coverage, used to compute PFMT market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PFMT market cap history over the course of time is important for investors
interested in comparing PFMT'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 PFMT versus a peer is one thing; comparing
PFMT 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 PFMT can fluctuate over the course of history.
With this page we aim to empower investors researching PFMT by allowing them to research the PFMT market cap history.