(VIANEWS) – Shares of Shopify (NYSE: SHOP) rose by a staggering 31.83% in 21 sessions from $36.44 to $48.04 at 14:10 EST on Friday, after five sequential sessions in a row of losses. NYSE is rising 0.19% to $15,858.26, after two sequential sessions in a row of losses.
Shopify’s last close was $49.64, 46.77% under its 52-week high of $93.25.
About Shopify
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.
Earnings Per Share
As for profitability, Shopify has a trailing twelve months EPS of $12.79.
PE Ratio
Shopify has a trailing twelve months price to earnings ratio of 3.76. Meaning, the purchaser of the share is investing $3.76 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -31.98%.
Yearly Top and Bottom Value
Shopify’s stock is valued at $48.04 at 14:10 EST, way under its 52-week high of $93.25 and way above its 52-week low of $23.63.
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