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Is Shopify Inc (SHOP) Stock a Smart Investment Thursday?

Thursday, June 17, 2021 12:14 PM | InvestorsObserver Analysts

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Is Shopify Inc (SHOP) Stock a Smart Investment Thursday?

Shopify Inc (SHOP) stock has gained 76.55% over the last 12 months, and the average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, gives SHOP stock a score of 31 out of a possible 100.

That rank is chiefly influenced by a fundamental score of 9. In addition to the average rating from Wall Street analysts, SHOP stock has a mean target price of 1463.25. This means analysts expect the stock to gain 1.40% over the next 12 months. SHOP's rank also includes a long-term technical score of 37. The short-term technical score for SHOP is 47.

Overall Score - 31
SHOP has an Overall Score of 31. Find out what this means to you and get the rest of the rankings on SHOP!

What's Happening with SHOP Stock Today

Shopify Inc (SHOP) stock is higher by 5.76% while the S&P 500 is lower by -0.21% as of 12:10 PM on Thursday, Jun 17. SHOP has gained $78.57 from the previous closing price of $1,364.45 on volume of 1,319,936 shares. Over the past year the S&P 500 is higher by 35.37% while SHOP has gained 76.55%. SHOP earned $12.76 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 113.15.

Click Here to get the full Stock Score Report on Shopify Inc (SHOP) Stock.

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