Closing Bell: Shopify Inc up on Friday (SHOP)

Today during trading, shares of Shopify Inc opened at $87.58 and closed at $89.06. It traded at a low of $86.88 to a high of $89.31.

Share prices advanced 1.88 percent from the previous day's close of $87.42.

Today across North America, the TSX Composite closed -0.12% at 21554.86, the S&P 500 closed -0.25% at 5473.17, the Dow Jones Industrial Average closed 0.77% at 39134.76 and the Nasdaq Composite closed -0.79% at 17721.59.

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

A total of 12,409,857 shares was traded during the session, with total trades of 13,000, with an average volume of 4,131,673 in the last five days.

The TSX overall saw 2,578 price advancers against 2,634 declines and 115 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 7.09% in the last year, while this year, they have eased -13.67%.

Following today's trading, Shopify Inc has a market capitalization of $112.90 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 40 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..