Closing Bell: Shopify Inc down on Monday (SHOP)

Today in trading, shares of Shopify Inc opened at $89.55 and closed at $87.82. prices ranged from a low of $86.61 to a high of $89.92.

Share prices eased -1.39 percent from the previous day's close of $89.06.

Today across North America, the TSX Composite closed 1.36% at 21848.59, the S&P 500 closed -0.16% at 5464.62, the Dow Jones Industrial Average closed 0.04% at 39150.33 and the Nasdaq Composite closed -0.18% at 17689.36.

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

Trading volume was 3,911,249 on 12,156 total trades. On average, Shopify Inc has traded 4,540,591 shares over the last 5-days and 2,706,682 year-to-date.

Trading across the entire TSX saw 3,255 price advancers against 1,987 declines and 89 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, in the last 12 months, Shopify Inc's shares have advanced 4.41 percent, while this year, they have shrunken -14.87%.

Following today's trading, Shopify Inc has a market capitalization of $114.84 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.

Shopify Inc's average recommendation is "Moderate Buy" based on 40.00 analysts according to Zacks. Currently, there are 20 buy ratings and 20 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..