Closing Bell: Shopify Inc down on Friday (SHOP)

Shopify Inc opened trading today at $91.12 and closed at $90.41. It traded at a low of $89.65 to a high of $91.96.

The price eased -0.58% from the previous day's close of $90.94.

During the day across North America, the TSX Composite closed -0.30% at 21875.79, the S&P 500 closed -0.41% at 5460.48, the Dow Jones Industrial Average closed -0.12% at 39118.86 and the Nasdaq Composite closed -0.71% at 17732.60.

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

A total of 2,657,603 shares was traded during the session, with total trades of 8,834, while having an average volume of 2,764,789 in the last five days.

Trading across the entire TSX saw 1,678 price advancers against 3,535 declines and 105 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 raised 5.56 percent in the last 52 weeks, while they have dipped -12.36% since the start of 2024.

Following today's trading, Shopify Inc has a market capitalization of $116.64 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..