Closing Bell: Shopify Inc up on Thursday (SHOP)

Shopify Inc opened trading today at $89.31 and closed at $90.94. prices ranged from a low of $89.24 to a high of $91.48.

The price surged 1.42 percent from the previous day's close of $89.67.

During the day across North America, the TSX Composite closed 0.02% at 21793.90, the S&P 500 closed 0.16% at 5477.90, the Dow Jones Industrial Average closed 0.04% at 39127.80 and the Nasdaq Composite closed 0.49% at 17805.16.

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

A total of 2,230,861 shares was traded during the last trading day, with total trades of 11,027. On average, Shopify Inc has traded 4,715,240 shares in the last five days and 2,699,755 year-to-date.

Trading across the entire TSX saw 3,034 price advancers against 2,170 declines and 124 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 8.13% in the last 52 weeks, while they have dipped -11.85% this year.

Following today's trading, Shopify Inc has a market capitalization of $115.18 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.

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..