Shopify has been somewhat immune to the crisis with its shares jumping 4.15% to $1,011.55 at 14:05 EST on Wednesday, after two sequential sessions in a row of losses. The New York Stock Exchange is dropping 0.42% to $14,189.00, after two consecutive sessions in a row of gains, on what up until now seems, a somewhat negative trend trading session today.
Shopify’s last close was $971.24, 13.38% below its 52-week high of $1,146.91.
Shopify’s sales growth is 79.1% for the current quarter and 64.7% for the next. The company’s growth estimates for the ongoing 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 $1,011.55 at 14:05 EST, way under its 52-week high of $1,146.91 and way higher than its 52-week low of $305.30.
Shopify’s value is higher than its 50-day moving average of $1,003.33 and above its 200-day moving average of $946.84.