Today in trading, Shopify Inc shares closed at $80.58 after opening the day at $85.46. prices ranged from $80.21 to $85.49.

Share prices dipped -5.63 percent from the previous day's close of $85.39.

During the day across North America, the TSX Composite closed -0.30% at 22308.93, the S&P 500 closed 0.51% at 5214.08, the Dow Jones Industrial Average closed 0.85% at 39387.76 and the Nasdaq Composite closed 0.27% at 16346.26.

Shopify Inc traded under SHOP on the Toronto Stock Exchange (TSX).

A total of 6,142,930 shares was traded during the session, with total trades of 30,727, while having an average volume of 4,539,386 over the last 5-days.

Trading across the entire TSX saw 2,041 price advancers against 3,172 declines and 93 unchanged.

During the prior 52 weeks, SHOP.TO has traded as high as $123.20 (February 12,2024) and low as $63.16 (October 31,2023). Moreover, the shares have reduced -4.73 percent in the last 12 months, while this year, they have reduced -21.89%.

Following today's trading, Shopify Inc has a market capitalization of $110.46 billion on a float of 1,288,414 shares outstanding. Its annual EPS is $-0.16.

Shopify Inc is a TSX Software company headquartered in Ottawa, CAN.

Based on 39.00 analysts, Shopify Inc gets an average recommendation of "Moderate Buy" according to Zacks. Currently, there are 17 buy ratings, 1 sell ratings and 21 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..