Shopify Inc (NYSE:SHOP) currently has a daily average trading volume of 7.41M but it saw 4825192 shares traded in last market. With a market cap of 102.79B USD, the company’s current market price of $79.66 came falling about -2.39 while comparing to the previous closing price of $81.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $91.57 and as low as $45.50. In the recent trading on the day, stock has struck highest price mark of $79.12 while lowest mark touched by it was $81.91.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Redburn Atlantic which upgraded the stock as “Buy” in its note to investors issued on September 17, 2024, recommending a price target of $99 for it.
Over the week, SHOP’s stock price is moving -2.68% down while it is -0.83% when we observe its performance for the past one month. Year-to-date it is 2.26% up and over the past year, the stock is showing an upside performance of 56.20%.
Currently, Shopify Inc’s total number of outstanding shares is 1.21B. Company’s return on investment (ROI) stands at 12.38% and return on equity (ROE) at 15.32%. It has a price to earnings ratio (P/E ratio) of 81.22 while having a 57.89 of forward P/E ratio. Stock’s beta reads 2.36. Stock has a price to book (P/B) ratio of 11.20 while price to sale or P/S ratio amounts to 13.24. Its return on asset (ROA) is 12.11% on average.
