According to today’s article on Bloomberg Quint, “Shopify, Barrick Join Exclusive Canada Club With Big Cash Hoards.”
Shopify has been somewhat immune to the crisis with the shares rising 2.73% to $956.85 at 10:05 EST on Thursday. The New York Stock Exchange is dropping 1.01% to $13808.7, on what seems, up to now, a somewhat negative exchanging session on The New York Stock Exchange.
Shopify’s last close was $931.43, under its 52-week high of $1146.91.
Shopify’s sales growth is 79.1% for the current quarter and 64.6% for the next. The company’s growth estimates for the present quarter and the next are 197.7% and 189.5%, respectively.
Year-on-year quarterly revenue growth grew by 96.5%, now sitting on 2.46B for the twelve trailing months.
Shopify’s stock is valued at $956.85 at 10:05 EST, way below its 52-week high of $1146.91 and way above its 52-week low of $305.3.
Shopify’s value is below its 50-day moving average of $1013.32 and higher than its 200-day moving average of $937.29.