Shopify Inc (SHOP) concluded trading on Wednesday at a closing price of $107.11, with 6.76 million shares of worth about $724.41 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 0.59% during that period and on Wednesday the price saw a gain of about 0.35%. Currently the company’s common shares owned by public are about 1.22B shares, out of which, 1.21B shares are available for trading.
Stock saw a price change of 0.64% in past 5 days and over the past one month there was a price change of 8.66%. Year-to-date (YTD), SHOP shares are showing a performance of 0.73% which increased to 85.83% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $48.56 but also hit the highest price of $129.38 during that period. The average intraday trading volume for Shopify Inc shares is 13.74 million. The stock is currently trading 4.77% above its 20-day simple moving average (SMA20), while that difference is up 11.11% for SMA50 and it goes to 11.41% higher than SMA200.
Shopify Inc (NASDAQ: SHOP) currently have 1.22B outstanding shares and institutions hold larger chunk of about 66.37% of that.
The stock has a current market capitalization of $138.96B and its 3Y-monthly beta is at 2.63. PE ratio of stock for trailing 12 months is 86.38, while it has posted earnings per share of $1.24 in the same period. Its PEG reads 3.49 and has Quick Ratio of 3.71 while making debt-to-equity ratio of 0.10. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SHOP, volatility over the week remained 2.83% while standing at 3.93% over the month. Stock’s fiscal year EPS is expected to rise by 10.96% while it is estimated to increase by 28.30% in next year.
Coverage by BMO Capital Markets stated Shopify Inc (SHOP) stock as an Outperform in their note to investors on May 06, 2025, suggesting a price target of $120 for the stock. On May 05, 2025, BNP Paribas Exane Downgrade their recommendations, while on April 14, 2025, Mizuho Reiterated their ratings for the stock with a price target of $85. Stock get a Buy rating from The Benchmark Company on February 10, 2025.
