Shopify Inc (NYSE: SHOP) kicked off on Monday, up 3.78% from the previous trading day, before settling in for the closing price of $106.96. Over the past 52 weeks, SHOP has traded in a range of $48.56-$115.62.
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Technology Sector giant saw their annual sales surged by 47.52% over the last five years. While this was happening, its average annual earnings per share was recorded 72.09%. With a float of $1.21 billion, this company’s outstanding shares have now reached $1.29 billion.
The firm has a total of 8300 workers. Let’s measure their productivity. In terms of profitability, gross margin is 50.93%, operating margin of 9.92%, and the pretax margin is 18.13%.
Shopify Inc (SHOP) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Shopify Inc is 6.41%, while institutional ownership is 65.49%. The most recent insider transaction that took place on Nov 15 ’24, was worth 54,540. Before that another transaction happened on Nov 14 ’24, when Company’s Director proposed sale 2,000 for $108.92, making the entire transaction worth $217,840.
Shopify Inc (SHOP) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 72.09% per share during the next fiscal year.
Shopify Inc (NYSE: SHOP) Trading Performance Indicators
Take a look at Shopify Inc’s (SHOP) current performance indicators. Last quarter, stock had a quick ratio of 7.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 24.52. Likewise, its price to free cash flow for the trailing twelve months is 141.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.06, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 1.50 in one year’s time.
Technical Analysis of Shopify Inc (SHOP)
Analysing the last 5-days average volume posted by the [Shopify Inc, SHOP], we can find that recorded value of 8.89 million was lower than the volume posted last year of 9.34 million. As of the previous 9 days, the stock’s Stochastic %D was 54.73%. Additionally, its Average True Range was 4.13.
During the past 100 days, Shopify Inc’s (SHOP) raw stochastic average was set at 93.11%, which indicates a significant increase from 86.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.94% in the past 14 days, which was higher than the 57.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $86.26, while its 200-day Moving Average is $73.47. Now, the first resistance to watch is $112.76. This is followed by the second major resistance level at $114.51. The third major resistance level sits at $116.58. If the price goes on to break the first support level at $108.94, it is likely to go to the next support level at $106.87. Should the price break the second support level, the third support level stands at $105.12.
Shopify Inc (NYSE: SHOP) Key Stats
The company with the Market Capitalisation of 201.34 billion has total of 1,290,387K Shares Outstanding. Its annual sales at the moment are 7,060 M in contrast with the sum of 132,000 K annual income. Company’s last quarter sales were recorded 2,162 M and last quarter income was 828,000 K.
