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Closing Bell: Shopify Inc up on Friday (SHOP)

Automated Summaries - The Globe and Mail - Fri Jun 7, 4:02PM CDT

Today during trading, Shopify Inc stock opened at $83.88 and closed at $84.74. It traded at a low of $83.30 to a high of $85.17.

Shares advanced 0.87 percent from the previous day's close of $84.01.

During the day across North America, the TSX Composite closed -1.00% at 22007.00, the S&P 500 closed -0.02% at 5352.96, the Dow Jones Industrial Average closed 0.20% at 38886.17 and the Nasdaq Composite closed -0.09% at 17173.12.

Shopify Inc traded under SHOP on the Toronto Stock Exchange (TSX).

Trading volume was 1,927,854 on 11,554 total trades, while having an average volume of 2,004,813 over 5 days.

The TSX overall saw 1,416 price advancers against 3,737 declines and 104 unchanged.

During the prior 52 weeks, SHOP.TO has traded as high as $123.20 (February 12,2024) and low as $63.16 (October 31,2023). Moreover, the shares have raised 6.36 percent in 52 weeks, while they have decreased -17.86% this year.

Following today's trading, Shopify Inc has a market capitalization of $108.41 billion on a float of 1,288,414 shares outstanding. Its annual EPS is $-0.16.

Shopify Inc is a TSX Software company headquartered in Ottawa, CAN.

Currently, Shopify Inc's consensus rating is "Moderate Buy" based on 39 analysts according to Zacks. Currently, there are 20 buy ratings and 19 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..