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Where Does Shopify Inc (SHOP) Stock Fall in the Software - Application Field After It Is Down -4.18% This Week?

Wednesday, March 27, 2024 12:28 PM | InvestorsObserver Analysts

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Where Does Shopify Inc (SHOP) Stock Fall in the Software - Application Field After It Is Down -4.18% This Week?

Shopify Inc (SHOP) is near the top in its industry group according to InvestorsObserver. SHOP gets an overall rating of 52. That means it scores higher than 52 percent of stocks. Shopify Inc gets a 73 rank in the Software - Application industry. Software - Application is number 85 out of 148 industries.

Overall Score - 52
SHOP has an Overall Score of 52. Find out what this means to you and get the rest of the rankings on SHOP!

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 52 means the stock is more attractive than 52 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 down -0.76% while the S&P 500 is higher by 0.31% as of 12:27 PM on Wednesday, Mar 27. SHOP is lower by -$0.60 from the previous closing price of $78.53 on volume of 1,920,752 shares. Over the past year the S&P 500 is higher by 31.43% while SHOP is higher by 75.87%. SHOP earned $0.10 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 759.21. Click Here to get the full Stock Report for Shopify Inc stock.

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