(VIANEWS) – Shares of Shopify (NYSE Composite: SHOP) dropped by a staggering 15.13% in 7 days from $1377.32 to $1,168.93 at 17:11 EST on Thursday, after five consecutive sessions in a row of losses. NYSE Composite is rising 0.25% to $17,156.14, following the last session’s downward trend.

Shopify’s last close was $1,190.01, 32.5% under its 52-week high of $1,762.92.

Volume

Today’s last reported volume for Shopify is 1780714 which is 61.37% above its average volume of 1103496.

The company’s growth estimates for the current quarter is 3.5% and a drop 18.4% for the next.

Shopify’s Revenue

Year-on-year quarterly revenue growth grew by 56.7%, now sitting on 3.85B for the twelve trailing months.

Volatility

Shopify’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.15%, a negative 2.48%, and a positive 2.88%, respectively.

Shopify’s highest amplitude of average volatility was 3.15% (last week), 3.33% (last month), and 2.88% (last quarter), respectively.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

Shopify’s stock is considered to be overbought (>=80).

Shopify’s Stock Yearly Top and Bottom Value

Shopify’s stock is valued at $1,168.93 at 17:11 EST, way below its 52-week high of $1,762.92 and way higher than its 52-week low of $1,005.14.

Shopify’s Moving Average

Shopify’s worth is way below its 50-day moving average of $1,475.10 and way under its 200-day moving average of $1,364.28.

More news about Shopify (SHOP).

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