Shop Stock: Shopify Stock Falls 6% So Far On Wednesday, Underperforms Market

Shares of Shopify slid 6.62% to $1,222.38 at 14:37 EST on Wednesday, following last session’s downward trend. NYSE Composite is rising 0.02% to $15,279.85, following last session’s downward trend, This seems, so far, a somewhat positive trend trading session today.

Shopify’s last close was $1,309.06, 22.69% below its 52-week high of $1,499.75.

The company’s growth estimates for the present quarter is 278.9% and a drop 19% for the next.

Shopify’s Revenue

Year-on-year quarterly revenue growth grew by 93.6%, now sitting on 2.93B for the twelve trailing months.

Volatility

Shopify’s last day, last week, and last month’s average volatility was 0.07%, 1.96%, and 3.00%, respectively.

Shopify’s last day, last week, and last month’s high and low average amplitude percentage was 4.81%, 5.14%, and 5.06%, respectively.

Shopify’s Stock Yearly Top and Bottom Value

Shopify’s stock is valued at $1,222.38 at 14:37 EST, way under its 52-week high of $1,499.75 and way higher than its 52-week low of $305.30.

Shopify’s Moving Average

Shopify’s value is below its 50-day moving average of $1,274.79 and way higher than its 200-day moving average of $1,094.57.