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Shopify Inc (SHOP) Down 0.76% in Premarket Trading

Wednesday, April 05, 2023 08:46 AM | InvestorsObserver Analysts

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Shopify Inc (SHOP) Down 0.76% in Premarket Trading

Shopify Inc (SHOP) has fallen Wednesday morning, with the stock declining -0.76% in pre-market trading to 47.23. SHOP's short-term technical score of 35 indicates that the stock has traded less bullishly over the last month than 65% of stocks on the market. In the Software - Application industry, which ranks 120 out of 146 industries, the stock ranks higher than 45% of stocks. Shopify Inc has risen 9.65% over the past month, closing at $43.70 on March 8. During this period of time, the stock fell as low as $41.46 and as high as $48.26. SHOP has an average analyst recommendation of Buy. The company has an average price target of $50.81.

Overall Score - 38
SHOP has an Overall Score of 38. Find out what this means to you and get the rest of the rankings on SHOP!
Shopify Inc has a Long-Term Technical rank of 71. This means that trading over the last 200 trading days has placed the company in the upper half of stocks with 29% of the market scoring higher. In the Software - Application industry which is number 85 by this metric, SHOP ranks better than 85% of stocks.

Important Dates for Investors in SHOP:

-Shopify Inc is set to release earnings on 5/4/2023. Over the last 12 months, the company has reported EPS of $-2.73. -We do not have a set dividend date for Shopify Inc at this time. Click Here To Get The Full Report on Shopify Inc (SHOP)

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