(VIANEWS) – Shares of Shopify (NYSE: SHOP) rose by a staggering 27.26% in 21 sessions from $38.89 to $49.49 at 13:51 EST on Tuesday, following the last session’s upward trend. NYSE is sliding 0.47% to $15,976.81, after two consecutive sessions in a row of gains.
Shopify’s last close was $48.70, 45.36% under its 52-week high of $89.13.
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 3.87. Meaning, the purchaser of the share is investing $3.87 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%.
Moving Average
Shopify’s worth is way higher than its 50-day moving average of $40.97 and way above its 200-day moving average of $36.03.
More news about Shopify (SHOP).
