stoxline Quote Chart Rank Option Currency Glossary
  
Shopify Inc. (SHOP)
58.53  0.72 (1.25%)    05-17 16:00
Open: 57.95
High: 58.59
Volume: 11,768,879
  
Pre. Close: 57.81
Low: 57.04
Market Cap: 75,339(M)
Technical analysis
2024-05-17 4:48:32 PM
Short term     
Mid term     
Targets 6-month :  81.57 1-year :  90.89
Resists First :  69.83 Second :  77.82
Pivot price 66
Supports First :  56.91 Second :  47.35
MAs MA(5) :  58.38 MA(20) :  67.43
MA(100) :  75.72 MA(250) :  67.32
MACD MACD :  -4.1 Signal :  -3
%K %D K(14,3) :  6.9 D(3) :  6.2
RSI RSI(14): 31.2
52-week High :  91.56 Low :  45.5
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BEARISH in mid-long term.
[ SHOP ] has closed above bottom band by 24.5%. Bollinger Bands are 163% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 6 days. This is a sign that the current trend might continue.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 58.63 - 59.04 59.04 - 59.36
Low: 56.27 - 56.71 56.71 - 57.05
Close: 57.95 - 58.64 58.64 - 59.17
Company Description

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, 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. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

Headline News

Fri, 17 May 2024
NBC Securities Inc. Sells 335 Shares of Shopify Inc. (NYSE:SHOP) - Defense World

Thu, 16 May 2024
Shopify Inc. (NYSE:SHOP) Shares Acquired by Legacy Capital Group California Inc. - MarketBeat

Thu, 16 May 2024
After Earnings and a Big Selloff, Is Shopify Stock a Buy, a Sell, or Fairly Valued? - Morningstar

Thu, 16 May 2024
Shopify's FCF Margins Could Push It Higher - Yahoo Finance

Thu, 16 May 2024
International Assets Investment Management LLC Sells 2384 Shares of Shopify Inc. (NYSE:SHOP) - Defense World

Thu, 16 May 2024
With 66% ownership of the shares, Shopify Inc. (NYSE:SHOP) is heavily dominated by institutional owners - Yahoo New Zealand News

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Outperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Neutral
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Underperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Neutral
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Technology
Industry:
Software - Application
Shares Out 1,210 (M)
Shares Float 1,200 (M)
Held by Insiders 0.1 (%)
Held by Institutions 69.6 (%)
Shares Short 16,330 (K)
Shares Short P.Month 18,130 (K)
Stock Financials
EPS 0.1
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 7.05
Profit Margin 1.8 %
Operating Margin 22.4 %
Return on Assets (ttm) 1.4 %
Return on Equity (ttm) 1.5 %
Qtrly Rev. Growth 23.6 %
Gross Profit (p.s.) 0
Sales Per Share 5.83
EBITDA (p.s.) 0.27
Qtrly Earnings Growth 0 %
Operating Cash Flow 944 (M)
Levered Free Cash Flow 579 (M)
Stock Valuations
PE Ratio 585.29
PEG Ratio 1.2
Price to Book value 8.3
Price to Sales 10.03
Price to Cash Flow 75.02
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

StockChart iOS

StoxlineLite iOS

StoxlineLite iOS

OptionCalc iOS

StockChart Android

StoxlineLite Android

StoxlinePro Android

OptionCalc Android