Verifone Systems, Inc. Common S (symbol: PAY) was one of the worst losers
of the trading day today (2016-09-05), losing -16.37%. The number of shares
that changed hands was 26,748,874, or about 7 times the average daily
volume in the stock.
The closing price was $16.81, amounting to a market cap of $1,870,000,000,
about -46.19% off the highest price in the last 12 months. The stock has
been trading at a range between $16.07 and $31.24.
PAY is in the Office Equipment/Supplies/Services industry, part of the
Miscellaneous sector. It first went public in 2005.
Looking at its valuation, the stock is now trading at 56.03 times earnings.
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