Shopify Inc. (TSE:SHOP - Get Free Report) Senior Officer Jeff Hoffmeister sold 3,985 shares of the business's stock in a transaction on Monday, June 9th. The shares were sold at an average price of C$149.69, for a total value of C$596,516.98.
Jeff Hoffmeister also recently made the following trade(s):
- On Wednesday, May 28th, Jeff Hoffmeister sold 1,967 shares of Shopify stock. The shares were sold at an average price of C$146.65, for a total value of C$288,454.26.
Shopify Trading Up 3.5%
Shares of SHOP stock traded up C$5.21 during mid-day trading on Wednesday, reaching C$156.00. The company's stock had a trading volume of 2,020,964 shares, compared to its average volume of 2,275,216. The company's 50 day simple moving average is C$134.32 and its 200-day simple moving average is C$148.98. The company has a quick ratio of 5.74, a current ratio of 3.71 and a debt-to-equity ratio of 9.74. Shopify Inc. has a 12-month low of C$72.36 and a 12-month high of C$183.53. The firm has a market capitalization of C$145.28 billion, a PE ratio of 70.63, a price-to-earnings-growth ratio of 0.87 and a beta of 2.36.
Analyst Ratings Changes
SHOP has been the topic of a number of research analyst reports. Mizuho lifted their price target on shares of Shopify from C$105.00 to C$110.00 and gave the company 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 company an "outperform" rating in a research report on Friday, May 9th.
Check Out Our Latest Stock 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.
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