Is Shopify Inc (SHOP) Stock at the Top of the Software

A rating of 81 puts Shopify Inc (51) near the top of the Software - Application industry according to

InvestorsObserver

. Shopify Inc's score of 81 means it scores higher than 81% of stocks in the industry. Shopify Inc also received an overall rating of 51, putting it above 51% of all stocks. Software - Application is ranked 124 out of the 148 industries.

SHOP has an Overall Score of 51. Find out what this means to you and get the rest of the rankings on SHOP!

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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 51 means the stock is more attractive than 51 percent of stocks. These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions. ## What's Happening With Shopify Inc Stock Today? Shopify Inc (SHOP) stock is trading at $1,448.56 as of 12:47 PM on Thursday, Jul 15, a drop of -$14.44, or -0.99% from the previous closing price of $1,463.00. The stock has traded between $1,438.88 and $1,481.11 so far today. Volume today is low. So far 696,083 shares have traded compared to average volume of 1,429,494 shares. Click Here to get the full Stock Report for Shopify Inc stock.