Shares of Shopify slid 6.23% to $1,033.41 at 14:06 EST on Wednesday, after two successive sessions in a row of gains. The New York Stock Exchange is sliding 0.17% to $14,378.20, following yesterday’s upward trend, on what up until now seems, a somewhat negative trend trading session today.
Shopify’s last close was $1,102.09, 10.98% under its 52-week high of $1,146.91.
Shopify’s sales growth is 79.4% for the present quarter and 66.1% for the next. The company’s growth estimates for the present quarter and the next is 195.3% and 200%, respectively.
Year-on-year quarterly revenue growth grew by 96.5%, now sitting on 2.46B for the twelve trailing months.
Shopify’s Stock Top and Bottom Yearly Value
Shopify’s stock is valued at $1,033.41 at 14:06 EST, under its 52-week high of $1,146.91 and way above its 52-week low of $305.30.
Shopify’s Moving Average
Shopify’s worth is above its 50-day moving average of $998.36 and above its 200-day moving average of $967.69.