Closing Bell: Shopify Inc up on Tuesday (SHOP)
In market activity today, Shopify Inc stock opened at $88.23 and closed at $88.47. Intraday prices ranged from a low of $87.48 to a high of $89.44.
The price advanced 0.74% from the previous day's close of $87.82.
Today across North America, the TSX Composite closed -0.28% at 21788.48, the S&P 500 closed -0.31% at 5447.87, the Dow Jones Industrial Average closed 0.67% at 39411.21 and the Nasdaq Composite closed -1.09% at 17496.82.
Shopify Inc traded under SHOP on the Toronto Stock Exchange (TSX).
Trading volume was 3,178,439 on 7,334 total trades, with an average volume of 4,513,692 over 5 days.
The TSX overall saw 1,735 price advancers against 3,477 declines and 116 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 gained 5.18 percent in the last 12 months, while they have dipped -14.24% this year.
Following today's trading, Shopify Inc has a market capitalization of $113.54 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
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