Shopify has been somewhat immune to the crisis with its shares jumping 3.7% to $1,072.64 at 11:05 EST on Monday, after two sequential sessions in a row of gains. The New York Stock Exchange is falling 0.8% to $14,085.40, following yesterday’s upward trend, on what so far seems, a somewhat negative trend exchanging session today.
Shopify’s last close was $1,034.39, 6.92% under its 52-week high of $1,146.91.
Shopify’s sales growth is 79.1% for the ongoing quarter and 64.7% for the next. The company’s growth estimates for the present quarter and the next is 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 $1,072.64 at 11:05 EST, below its 52-week high of $1,146.91 and way above its 52-week low of $305.30.
Shopify’s value is higher than its 50-day moving average of $996.88 and way above its 200-day moving average of $952.30.