Shopify Inc. (TSE:SHOP - Get Free Report) Senior Officer Harley Michael Finkelstein sold 1,711 shares of the business's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of C$158.03, for a total transaction of C$270,390.18.
Harley Michael Finkelstein also recently made the following trade(s):
- On Monday, February 24th, Harley Michael Finkelstein sold 3,104 shares of Shopify stock. The shares were sold at an average price of C$158.59, for a total value of C$492,263.81.
- On Tuesday, January 28th, Harley Michael Finkelstein sold 394 shares of Shopify stock. The stock was sold at an average price of C$160.56, for a total value of C$63,261.55.
- On Monday, December 9th, Harley Michael Finkelstein sold 4,951 shares of Shopify stock. The shares were sold at an average price of C$163.19, for a total value of C$807,961.18.
Shopify Trading Down 3.6 %
Shares of Shopify stock traded down C$5.53 during trading hours on Thursday, hitting C$146.64. The company's stock had a trading volume of 2,985,274 shares, compared to its average volume of 1,987,126. The stock has a market cap of C$136.57 billion, a price-to-earnings ratio of 66.39, a P/E/G ratio of 0.87 and a beta of 2.36. The company has a debt-to-equity ratio of 9.74, a quick ratio of 5.74 and a current ratio of 3.71. Shopify Inc. has a twelve month low of C$72.36 and a twelve month high of C$183.53. The firm has a fifty day moving average of C$161.64 and a 200-day moving average of C$137.31.
Wall Street Analyst Weigh In
Several research analysts have recently commented on SHOP shares. ATB Capital lowered Shopify from an "outperform" rating to a "sector perform" rating and lifted their price target for the stock from C$120.00 to C$145.00 in a report on Wednesday, November 13th. Mizuho lifted their target price on shares of Shopify from C$105.00 to C$110.00 and gave the stock a "hold" rating in a research note on Wednesday, February 12th. Finally, National Bankshares increased their price target on shares of Shopify from C$100.00 to C$140.00 in a research note on Wednesday, November 13th.
Check Out Our Latest Analysis on SHOP
About Shopify
(
Get Free Report)
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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