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Is Shopify Inc (SHOP) a Good Choice in Software - Application Tuesday?

Tuesday, September 28, 2021 11:59 AM | InvestorsObserver Analysts

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Is Shopify Inc (SHOP) a Good Choice in Software - Application Tuesday?

A rating of 82 puts Shopify Inc (SHOP) near the top of the Software - Application industry according to InvestorsObserver. Shopify Inc's score of 82 means it scores higher than 82% of stocks in the industry. Shopify Inc also received an overall rating of 56, putting it above 56% of all stocks. Software - Application is ranked 115 out of the 148 industries.

Overall Score - 56
SHOP has an Overall Score of 56. Find out what this means to you and get the rest of the rankings on SHOP!

What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector. 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 $1,362.40 as of 11:53 AM on Tuesday, Sep 28, a drop of -$81.41, or -5.64% from the previous closing price of $1,443.81. The stock has traded between $1,359.00 and $1,425.55 so far today. Volume today is 756,155 compared to average volume of 785,290. Click Here to get the full Stock Report for Shopify Inc stock.

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