Shopify Inc (SHOP) Stock: Navigating a Year of Stock Volatility

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 -18.37% away from its 52-week high, while its distance from the 52-week low is 117.48%. The stock’s price range over this period has fluctuated between $48.56 and $129.38. The company, operating within the financial sector, had a trading volume of approximately 2.53 million for the day, which was noticeably lower than the average daily share volume of 13.48 million over the last 3 months.

Shopify Inc experienced a rather steady stock market performance.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Shopify Inc (SHOP) has experienced a quarterly rise of 3.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 137.02B and boasts a workforce of 8100 employees.

Analyzing Trading Volume and Moving Average Trends

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 0.10. Similarly, the long-term debt-to-equity ratio is also 0.02.

SHOP Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -0.68% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -6.16%. Over the past 30 days, the price of SHOP has fallen by 6.41%. And in the last five days, it has fallen by -1.06%.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Invest Chronicle
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.