Paymentus Holdings, Inc. (PAY, Financial) experienced a significant stock price decrease of 5.00%. The stock is currently trading at $19.78 per share, with a volume of 99,361 shares and a turnover rate of 0.08%. The price fluctuation amplitude is 4.80%.
Recent financial reports reveal Paymentus achieved $197 million in revenue, with a net profit of $9.36 million, translating to an earnings per share of $0.08. The gross profit stood at $54.98 million, and the price-to-earnings ratio is noted at 76.23 times.
Regarding institutional ratings, 17% of the six participating brokerage firms recommend a buy, while 83% suggest holding, with no sell recommendations.
The software services sector, where Paymentus operates, saw an overall increase of 0.02%. Prominent gainers in this sector include Agora, Huichuan Securities, and Banzai International Inc C/Wts 14/12/2028 (To Pur Com). Active stocks such as Microalgo, Inc., Treasure Global Inc., and Agora had turnover rates of 185.67%, 117.61%, and 79.83%, respectively. Notable volatile stocks include Agora, Banzai International Inc C/Wts 14/12/2028 (To Pur Com), and Wag Group Co C/Wts 30/07/2027 (To Pur Com), with amplitude fluctuations of 90.18%, 72.84%, and 55.42% respectively.
Paymentus Holdings Inc. specializes in providing secure electronic billing and payment services through its SaaS technology platform. It caters to billing entities and financial institutions, integrating with core financial and operational systems of billing companies. The platform supports multiple payment channels including online, mobile, IVR, call center, chatbots, and voice assistants, facilitating transactions via credit cards, debit cards, checks, and digital wallets. The company's revenue is generated from transaction fees, calculated as a percentage of the transaction value or as a specified fee per transaction.
