Shopify Inc. (TSE:SHOP) Director Colleen Johnston Sells 2,000 Shares

Shopify Inc. (TSE:SHOP) Director Colleen Johnston sold 2,000 shares of Shopify stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of C$151.82, for a total value of C$303,631.60.

Shopify Trading Down 0.4 %

Shares of TSE:SHOP opened at C$152.87 on Friday. The company has a quick ratio of 5.74, a current ratio of 7.32 and a debt-to-equity ratio of 12.40. The business has a 50 day moving average of C$112.70 and a 200-day moving average of C$97.37. Shopify Inc. has a 12-month low of C$72.36 and a 12-month high of C$161.86. The stock has a market cap of C$184.97 billion, a PE ratio of 111.58, a P/E/G ratio of 0.87 and a beta of 2.36.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. National Bankshares boosted their price objective on shares of Shopify from C$100.00 to C$140.00 in a research report on Wednesday. ATB Capital downgraded shares of Shopify from an “outperform” rating to a “sector perform” rating and boosted their target price for the stock from C$120.00 to C$145.00 in a report on Wednesday.

Shopify Company Profile

Shopify Inc, a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.