Shopify Inc. (TSE:SHOP - Get Free Report) Director Tobyn David Shannan sold 2,442 shares of the stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of C$145.16, for a total value of C$354,478.36.
Tobyn David Shannan also recently made the following trade(s):
- On Monday, March 10th, Tobyn David Shannan sold 430 shares of Shopify stock. The stock was sold at an average price of C$135.62, for a total transaction of C$58,318.61.
Shopify Trading Up 6.3%
Shares of TSE:SHOP traded up C$9.05 during midday trading on Friday, reaching C$152.58. The company had a trading volume of 2,014,658 shares, compared to its average volume of 2,282,559. The company has a fifty day simple moving average of C$133.29 and a two-hundred day simple moving average of C$148.91. The firm has a market cap of C$142.10 billion, a price-to-earnings ratio of 69.08, a price-to-earnings-growth ratio of 0.87 and a beta of 2.36. Shopify Inc. has a 1-year low of C$72.36 and a 1-year high of C$183.53. The company has a debt-to-equity ratio of 9.74, a quick ratio of 5.74 and a current ratio of 3.71.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on SHOP. Mizuho raised their target price on Shopify from C$105.00 to C$110.00 and gave the company a "hold" rating in a research note on Wednesday, February 12th. ATB Capital boosted their target price on shares of Shopify from C$155.00 to C$160.00 and gave the stock an "outperform" rating in a report on Friday, May 9th.
Check Out Our Latest Research Report on SHOP
Shopify Company Profile
(
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.
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