Shopify has been somewhat immune to the crisis with its shares jumping 5.08% to $1,020.60 at 15:05 EST on Wednesday, after two consecutive sessions in a row of losses. The New York Stock Exchange is sliding 0.55% to $14,171.50, after two consecutive sessions in a row of gains, on what so far seems, a somewhat negative trend exchanging session today.

Shopify’s last close was $971.24, 12.38% under its 52-week high of $1,146.91.

Shopify’s sales growth is 79.1% for the present 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 $1,020.60 at 15:05 EST, way 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 $1,003.33 and above its 200-day moving average of $946.84.

LEAVE A REPLY

Please enter your comment!
Please enter your name here