Shopify Inc. (TSE:SHOP - Get Free Report) Senior Officer Jessica Hertz sold 26,672 shares of the company's stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of C$150.33, for a total value of C$4,009,702.63.
Shopify Price Performance
TSE SHOP traded down C$2.15 during trading hours on Friday, reaching C$151.28. The company's stock had a trading volume of 109,906 shares, compared to its average volume of 2,635,804. The firm has a market capitalization of C$183.05 billion, a price-to-earnings ratio of 110.32, a P/E/G 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$161.86. The company has a debt-to-equity ratio of 12.40, a current ratio of 7.32 and a quick ratio of 5.74. The company's 50-day moving average is C$111.46 and its two-hundred day moving average is C$96.99.
Analyst Ratings Changes
A number of analysts have recently commented on the company. National Bankshares upped their target price on Shopify from C$100.00 to C$140.00 in a research note on Wednesday. ATB Capital downgraded Shopify from an "outperform" rating to a "sector perform" rating and upped their target price for the stock from C$120.00 to C$145.00 in a research note on Wednesday.
JD Vance Predicts: Wall Street vs. Trump & Your Money
From Priority Gold | Ad
Trump's back in the White House, but Wall Street is pissed.
Here's the deal: Wall Street's about to purposely crash the bond market to sabotage Trump's comeback.
Get your free guide NOW before it's too late.
Check Out Our Latest Analysis on Shopify
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
