Closing Bell: Shopify Inc down on Tuesday (SHOP)

Today in trading, Shopify Inc shares closed at $90.33 after opening the day at $88.90. Intraday prices ranged from a low of $88.22 to a high of $90.40.

Share prices decreased -0.09% from the previous day's close of $90.41.

During the day across North America, the TSX Composite closed 0.36% at 21953.80, the S&P 500 closed 0.27% at 5475.09, the Dow Jones Industrial Average closed 0.13% at 39169.52 and the Nasdaq Composite closed 0.83% at 17879.30.

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

Trading volume was 1,701,299 on 10,147 total trades, with an average volume of 2,322,799 in the last five days.

The TSX overall saw 2,828 price advancers against 2,436 declines and 102 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 52 weeks, Shopify Inc's shares have raised 5.50 percent, while they have decreased -12.44% this year.

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.

Based on 40.00 analysts, Shopify Inc gets an average recommendation of "Moderate Buy" according to Zacks. From those 40 analysts, 20 have buy ratings and 20 analysts gave hold ratings.

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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..