Shopify Inc. (TSE:SHOP - Get Free Report) Director Tobyn David Shannan sold 430 shares of Shopify stock in a transaction on Monday, March 10th. The stock was sold at an average price of C$135.62, for a total transaction of C$58,318.61.
Shopify Stock Up 4.3 %
SHOP traded up C$5.61 during trading on Friday, hitting C$136.33. The company had a trading volume of 1,808,630 shares, compared to its average volume of 2,096,299. The company has a market capitalization of C$126.96 billion, a PE ratio of 61.72, a PEG ratio of 0.87 and a beta of 2.36. Shopify Inc. has a one year low of C$72.36 and a one year high of C$183.53. The firm's 50-day moving average price is C$159.18 and its 200 day moving average price is C$139.07. The company has a quick ratio of 5.74, a current ratio of 3.71 and a debt-to-equity ratio of 9.74.
Analysts Set New Price Targets
Separately, Mizuho boosted their price objective on shares of Shopify from C$105.00 to C$110.00 and gave the company a "hold" rating in a research report on Wednesday, February 12th.
View Our Latest Stock Report on Shopify
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.
Further Reading
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