Closing Bell: Shopify Inc down on Thursday (SHOP)

Today during trading, shares of Shopify Inc opened at $88.23 and closed at $87.42. It traded at a low of $86.51 to a high of $88.78.

The price eased -1.01% from the previous day's close of $88.31.

During the day across North America, the TSX Composite closed 0.30% at 21581.35, 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 traded under SHOP on the Toronto Stock Exchange (TSX).

A total of 1,521,894 shares was traded during the session, with total trades of 9,391, with an average volume of 2,160,361 in the last five days.

The TSX overall saw 2,427 price advancers against 2,794 declines and 117 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 boosted 2.81 percent in the last 12 months, while in 2024, they have dipped -15.26%.

Following today's trading, Shopify Inc has a market capitalization of $113.53 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. Currently, there are 20 buy ratings and 20 hold ratings for the stock.

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