(VIANEWS) – Shares of Shopify (NYSE: SHOP) jumped 5.96% to $663.98 at 16:49 EST on Thursday, following the last session’s upward trend. NYSE is sliding 0.01% to $16,017.57, after four successive sessions in a row of losses. This seems, up to now, a somewhat bearish trend trading session today.
Shopify’s last close was $626.61, 64.46% under its 52-week high of $1,762.92.
Today’s last reported volume for Shopify is 3470135 which is 67.27% above its average volume of 2074559.
The company’s growth estimates for the current 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 intraday variation average was a negative 1.77%, a negative 2.05%, and a positive 4.01%, respectively.
Shopify’s highest amplitude of average volatility was 1.82% (last week), 5.81% (last month), and 4.01% (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 $663.98 at 16:49 EST, way under 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 below its 200-day moving average of $1,364.28.
Previous days news about Shopify (SHOP)
- Shopify stock news and forecast: SHOP likely to break below $600. According to FXStreet on Tuesday, 22 February, "Though Shopify is the only major competitor to Amazon’s ecommerce empire, management’s decision to invest heavily in fulfillment (actual brick-and-mortar warehouses) has the markets worried about putting off earnings. "
More news about Shopify (SHOP).