(VIANEWS) – Shares of Shopify (NYSE Composite: SHOP) dropped 5.01% to $1,371.51 at 10:43 EST on Tuesday, after five successive sessions in a row of losses. NYSE Composite is rising 1.04% to $16,352.18, after five consecutive sessions in a row of losses. This seems, as yet, an all-around bullish trend trading session today.
Shopify’s last close was $1,443.81, 12.5% under its 52-week high of $1,650.00.
Today’s last reported volume for Shopify is 519130 which is 50.31% below its average volume of 1044912.
The company’s growth estimates for the present quarter is 3.5% and a drop 18.4% for the next.
Year-on-year quarterly revenue growth grew by 56.7%, now sitting on 3.85B for the twelve trailing months.
Shopify’s last week, last month’s, and last quarter’s current volatility was a negative 1.52%, a negative 2.85%, and a positive 2.33%, respectively.
Shopify’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.14% (last week), 3.39% (last month), and 2.33% (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 $1,371.51 at 10:43 EST, way below its 52-week high of $1,650.00 and way above its 52-week low of $875.00.
Shopify’s Moving Average
Shopify’s worth is below its 50-day moving average of $1,495.37 and higher than its 200-day moving average of $1,340.97.
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