Closing Bell: Shopify Inc up on Wednesday (SHOP)
Shopify Inc opened trading today at $88.26 and closed at $87.87. prices ranged from a low of $87.42 to a high of $93.01.
The price boosted 17.85 percent from the previous day's close of $74.56.
During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.
Shopify Inc traded under SHOP on the Toronto Stock Exchange (TSX).
Trading volume was 8,458,033 on 35,466 total trades, while having an average volume of 5,491,243 over the last 5-days.
The TSX overall saw 1,858 price advancers against 3,319 declines and 108 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 boosted 13.35 percent, while this year, they have dipped -14.82%.
Following today's trading, Shopify Inc has a market capitalization of $96.99 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 is holding an average recommendation of "Moderate Buy" from 42.00 analysts according to Zacks. Currently, there are 23 buy ratings and 19 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..
