The 62 rating InvestorsObserver gives to Shopify Inc (SHOP) stock puts it near the top of the Software - Application industry. In addition to scoring higher than 85 percent of stocks in the Software - Application industry, SHOP’s 62 overall rating means the stock scores better than 62 percent of all stocks.
What do These Ratings Mean?
Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 62 means the stock is more attractive than 62 percent of stocks.
Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.
What's Happening With Shopify Inc Stock Today?
Shopify Inc (SHOP) stock is trading at $431.78 as of 10:31 AM on Friday, Feb 28, a loss of -$6.46, or -1.47% from the previous closing price of $438.24. The stock has traded between $420.50 and $443.91 so far today. Volume today is below average. So far 912,839 shares have traded compared to average volume of 2,487,240 shares.
