(VIANEWS) – Shares of Shopify (NYSE: SHOP) fell 6.12% to $815.76 at 16:49 EST on Thursday, after two successive sessions in a row of losses. NYSE is sliding 0.41% to $16,170.12, after two successive sessions in a row of losses. This seems, up to now, a somewhat bearish trend trading session today.
Shopify’s last close was $868.92, 50.71% below its 52-week high of $1,762.92.
Today’s last reported volume for Shopify is 2103482 which is 37.18% above its average volume of 1533270.
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 4.39%, a negative 2.27%, and a positive 3.31%, respectively.
Shopify’s highest amplitude of average volatility was 7.59% (last week), 3.57% (last month), and 3.31% (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 $815.76 at 16:49 EST, way below 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.
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