The company's share price fell by 0.5% at midday on Tuesday. The company traded from C$62.80 to C$63.72. Trading saw 2,812,526 share change hands, which is a 30% drop from the session average of 4,018,134. The stock closed previously at C$64.04.
Shopify Stock Performance
The stock's fifty-day moving average is C$61.21, and its 200-day moving average is C$55.45. The stock's market cap is C$76.46billion, with a P/E of -16.64 and a PEG of 48.62. It also has a beta value of 2.04. Shopify Senior Officer Harley Michael Finkelstein has sold 3,457 of the company stock on Friday, 24th February. The stock was purchased at a price of C$40.54 on average, resulting in a transaction total of C$140.136.06. In related news Senior Officer Harley Michael Finkelstein has sold 3,457 Shopify shares in a transaction that took place on Friday, 24th February. The stock was bought at a price of C$40.54 on average, for a value of C$140.136.06. Fidji SIMO, the director, sold 697 shares in a transaction on Friday, 24th February. The shares were purchased at a price of C$40.54 on average, and valued at C$28.254.22. Insiders own 0.19%.
Shopify Inc., a commerce firm, offers a commerce platform in Canada, United States, Europe Middle East, Africa Asia Pacific and Latin America. Shopify Inc's platform allows merchants to display, manage, market, and sell their products through various channels including web and mobile stores, physical retail locations and pop-up shops. It also includes native mobile apps and buy buttons.
MarketBeat.com offers a FREE daily email newsletter