Shopify Inc (SHOP) Stock: Exploring a Year of Highs, Lows, and Trading Volume

Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Shopify Inc’s current trading price is -14.69% away from its 52-week high, while its distance from the 52-week low is 79.59%. The stock’s price range over this period has fluctuated between $43.50 and $91.57. The company, operating within the financial sector, had a trading volume of approximately 6.68 million for the day, which was noticeably lower than the average daily share volume of 9.75 million over the last 3 months.

Shopify Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $91.57 on 02/12/24, while the lowest price for the same period was registered at $43.50 on 04/06/23.

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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Shopify Inc (SHOP) has experienced a quarterly rise of 0.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 100.56B and boasts a workforce of 8300 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 76.34, with a change in price of +17.69. Similarly, Shopify Inc recorded 9,845,498 in trading volume during the last 100 days, posting a change of +29.27%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SHOP stands at 0.13. Similarly, the long-term debt-to-equity ratio is also 0.12.

SHOP Stock Stochastic Average

Today’s raw stochastic average for Shopify Inc over the last 50 days is 28.95%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 50.98%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 48.25% and 46.73%, respectively.

SHOP Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 0.28%.However, over the last six months, we can see a weaker performance of 43.16%. Over the last 30 days, the price of SHOP has fallen by 2.00%. And in the last five days, it has fallen by -0.38%.

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