Shopify Inc. (TSE:SHOP - Get Free Report) Director Tobyn David Shannan sold 407 shares of the stock in a transaction dated Monday, June 9th. The shares were sold at an average price of C$149.69, for a total transaction of C$60,924.07.
Tobyn David Shannan also recently made the following trade(s):
- On Monday, June 2nd, Tobyn David Shannan sold 2,442 shares of Shopify stock. The shares were sold at an average price of C$145.16, for a total value of C$354,478.36.
Shopify Stock Performance
Shares of SHOP stock traded up C$5.21 on Wednesday, hitting C$156.00. 2,020,964 shares of the stock were exchanged, compared to its average volume of 2,275,216. The firm's 50 day moving average is C$134.32 and its two-hundred day moving average is C$148.98. Shopify Inc. has a one year low of C$72.36 and a one year high of C$183.53. The firm has a market capitalization of C$145.28 billion, a PE ratio of 70.63, a P/E/G ratio of 0.87 and a beta of 2.36. The company has a current ratio of 3.71, a quick ratio of 5.74 and a debt-to-equity ratio of 9.74.
Wall Street Analyst Weigh In
SHOP has been the topic of several research analyst reports. ATB Capital boosted their price objective on Shopify from C$155.00 to C$160.00 and gave the stock an "outperform" rating in a research report on Friday, May 9th. Mizuho upped their price objective 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.
Get Our Latest 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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