Shopify Inc. (TSE:SHOP - Get Free Report) Director Gail Faye Goodman sold 110 shares of the firm's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of C$146.89, for a total transaction of C$16,158.05.
Shopify Trading Down 1.7%
TSE SHOP traded down C$2.43 on Wednesday, hitting C$141.71. The company's stock had a trading volume of 1,573,362 shares, compared to its average volume of 2,291,909. The company's 50-day moving average is C$133.09 and its 200 day moving average is C$148.99. The firm has a market cap of C$131.97 billion, a PE ratio of 64.16, a PEG 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 quick ratio of 5.74, a current ratio of 3.71 and a debt-to-equity ratio of 9.74.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on the company. Mizuho upped their target price on Shopify from C$105.00 to C$110.00 and gave the stock a "hold" rating in a report on Wednesday, February 12th. ATB Capital boosted their price target on 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 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.
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