(VIANEWS) – The NYSE ended the session with Shopify (SHOP) rising 9.06% to $65.45 on Thursday while NYSE fell 0.46% to $16,000.37.
Shopify’s last close was $60.01, 15.99% under its 52-week high of $71.43.
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 $-1.65.
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 -25.04%.
Moving Average
Shopify’s value is above its 50-day moving average of $61.86 and way higher than its 200-day moving average of $49.96.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is 800% and 214.3%, respectively.
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