RTTNews | Jun 22, 2021 01:09PM EDT

13:09 Tuesday, June 22, 2021 (RTTNews.com) - Washington-based electronic billing company Paymentus Holdings, inc. (PAY) shares are up 5% in the Street despite no announcement coming from the company to drive the shares.

The company was founded in 2004 and went public in May 2021. The stock hit its highest in early June but experienced a drop since then. However, since June 17, the shares are experiencing a steady rise in the market.

Currently, the shares are trading hands at $31.73, up $1.53 or 5.05% from their previous close at $30.20. The market opened at $30.30 for the company and in the 52-week period, the shares have ranged between $26.76 and $33.91.

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