Closing Bell: Shopify Inc up on Wednesday (SHOP)

Shopify Inc opened trading today at $88.00 and closed at $88.31. prices ranged from a low of $87.70 to a high of $88.34.

The price advanced 0.19 percent from the previous day's close of $88.14.

During the day across North America, the TSX Composite closed -0.44% at 21516.90, the S&P 500 closed 0.25% at 5487.03, the Dow Jones Industrial Average closed 0.15% at 38834.86 and the Nasdaq Composite closed 0.03% at 17862.23.

Shopify Inc has listed on the Toronto Stock Exchange (TSX) under the ticker SHOP.

A total of 1,547,019 shares was traded during the last trading day, with total trades of 2,946. On average, Shopify Inc has traded 2,179,277 shares over 5 days and 2,624,968 year-to-date.

The TSX overall saw 2,166 price advancers against 3,011 declines and 163 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 advanced 3.25 percent in the last year, while they have decreased -14.40% since the start of 2024.

Following today's trading, Shopify Inc has a market capitalization of $113.71 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 has an average recommendation of "Moderate Buy" based on 40.00 analysts according to Zacks. From those 40 analysts, 20 have buy ratings and 20 analysts gave hold ratings.

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..