Is Shopify Inc (SHOP) a Leader in the Software

Is Shopify Inc (SHOP) a Leader in the Software

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Wednesday, July 05, 2023 11:09 AM | InvestorsObserver Analysts

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Is Shopify Inc (SHOP) a Leader in the Software - Application Industry?

A rating of 87 puts Shopify Inc (SHOP) near the top of the Software – Application industry according to InvestorsObserver. Shopify Inc’s score of 87 means it scores higher than 87% of stocks in the industry. Shopify Inc also received an overall rating of 63, putting it above 63% of all stocks. Software – Application is ranked 83 out of the 148 industries.

Overall Score - 63
SHOP has an Overall Score of 63. Find out what this means to you and get the rest of the rankings on SHOP!

What do These Ratings Mean?

Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks in order to determine which ones are performing the strongest. InvestorsObserver makes the entire process easier by using percentile rankings that allows you to easily find the stocks who have the strongest evaluations by analysts.

Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.

What’s Happening With Shopify Inc Stock Today?

Shopify Inc (SHOP) stock is trading at $63.69 as of 10:58 AM on Wednesday, Jul 5, a decline of -$1.13, or -1.74% from the previous closing price of $64.82. The stock has traded between $63.07 and $64.66 so far today. Volume today is less active than usual. So far 4,219,429 shares have traded compared to average volume of 13,937,173 shares.

Click Here to get the full Stock Report for Shopify Inc stock.

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