Shopify Inc. (TSE:SHOP - Get Free Report) Director Colleen Johnston sold 2,000 shares of Shopify stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of C$151.82, for a total value of C$303,631.60.
Shopify Trading Down 0.4 %
Shares of SHOP traded down C$0.56 during midday trading on Friday, hitting C$152.87. 1,901,051 shares of the stock were exchanged, compared to its average volume of 2,643,903. Shopify Inc. has a 52-week low of C$72.36 and a 52-week high of C$161.86. The company has a debt-to-equity ratio of 12.40, a quick ratio of 5.74 and a current ratio of 7.32. The stock has a fifty day simple moving average of C$111.46 and a 200 day simple moving average of C$96.99. The firm has a market cap of C$184.97 billion, a P/E ratio of 110.32, a P/E/G ratio of 0.87 and a beta of 2.36.
Analyst Ratings Changes
A number of research analysts have weighed in on SHOP shares. National Bankshares raised their target price on shares of Shopify from C$100.00 to C$140.00 in a research note on Wednesday. ATB Capital downgraded Shopify from an "outperform" rating to a "sector perform" rating and lifted their price objective for the stock from C$120.00 to C$145.00 in a research report on Wednesday.
Get Our Latest Research Report on SHOP
About Shopify
(
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Shopify Inc, a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.
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