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SHOP Stock Summary and Trading Ideas (Shopify Class A Subordinate Voting Shares | NYSE:SHOP)

Charts for Today's Stock Price and Implied Volatility in Shopify Class A Subordinate Voting Shares

19-Apr-2024

Stock Price & Volume | Full Chart

30-Day Implied Volatility | IV30 Full Chart

Trade Ideas for Best Option Strategies for SHOP by Theoretical Edge and Win Rates

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Trading Statistics

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Shopify Class A Subordinate Voting Shares (SHOP) Frequently Asked Questions

What does Shopify Class A Subordinate Voting Shares do?

Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.

What symbol and exchange does Shopify Class A Subordinate Voting Shares stock trade?

Shopify Class A Subordinate Voting Shares trades on the NYSE stock market under the symbol SHOP.

What is Shopify Class A Subordinate Voting Shares stock price doing today?

As of April 19, 2024, SHOP stock price climbed to $69.67 with 9,805,171 million shares trading.

What is Shopify Class A Subordinate Voting Shares's Beta?

SHOP has a beta of 3.19, meaning it tends to be more sensitive to market movements. SHOP has a correlation of 0.42 to the broad based SPY ETF.

How much is Shopify Class A Subordinate Voting Shares worth?

SHOP has a market cap of $89.68 billion. This is considered a Large Cap stock.

How much money does Shopify Class A Subordinate Voting Shares make?

Last quarter Shopify Class A Subordinate Voting Shares reported $2 billion in Revenue and $.34 earnings per share. This beat revenue expectation by $64 million and exceeded earnings estimates by $.03.

What is the highest and lowest price Shopify Class A Subordinate Voting Shares traded in the last 3 year period?

In the last 3 years, SHOP stock traded as high as $176.29 and as low as $23.63.

What are the top ETFs holding Shopify Class A Subordinate Voting Shares?

The top ETF exchange traded funds that SHOP belongs to (by Net Assets): ARKK, ARKF, CGGR, SKYY, CGXU.

Is Shopify Class A Subordinate Voting Shares (SHOP) a good investment?

SHOP has outperformed the market in the last year with a return of +41.6%, while the SPY ETF gained +21.2%. However, in the most recent history, SHOP shares have underperformed the stock market with its stock returning -10.1% in the last 3 month period and -6.9% for the last 2 week period, while SPY has returned +4.3% and -3.5%, respectively.

What is the support and resistance for Shopify Class A Subordinate Voting Shares (SHOP) stock price?

SHOP support price is $68.09 and resistance is $70.93 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SHOP stock will trade within this expected range on the day.