Shopify has been somewhat immune to the crisis with its shares rising 4.02% to $1,010.31 at 14:12 EST on Wednesday, following yesterday’s downward trend. The New York Stock Exchange is jumping 0.15% to $13,218.70, after two successive sessions in a row of losses, on what up until now seems, a somewhat positive trend trading session today.
Shopify’s last close was $925.80, 13.52% below its 52-week high of $1,146.91.
Shopify’s sales growth is 79.1% for the present quarter and 64.6% for the next. The company’s growth estimates for the ongoing quarter and the next is 190.7% 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 $1,010.31 at 14:12 EST, way below its 52-week high of $1,146.91 and way above its 52-week low of $293.46.
Shopify’s worth is below its 50-day moving average of $1,016.81 and way higher than its 200-day moving average of $918.39.