In the last trading session, 11.02 million Shopify Inc (NYSE:SHOP) shares changed hands as the company’s beta touched 2.33. With the company’s per share price at $77.37 changed hands at $2.91 or 3.91% during last session, the market valuation stood at $99.59B. SHOP’s last price was a discount, traded about -18.35% off its 52-week high of $91.57. The share price had its 52-week low at $45.50, which suggests the last value was 41.19% up since then. When we look at Shopify Inc’s average trading volume, we note the 3-month average coming to 8.98 million.

Shopify Inc (NYSE:SHOP) trade information

Instantly SHOP was in green as seen at the end of in last trading. With action 6.75%, the performance over the past five days has been green. The jump to weekly highs of 77.80 added 3.91% to the stock’s daily price. The company’s shares are showing year-to-date downside of -0.68%, with the 5-day performance at 6.75% in the green. However, in the 30-day time frame, Shopify Inc (NYSE:SHOP) is 2.78% up.

Shopify Inc (SHOP) estimates and forecasts

Data shows that the Shopify Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 29.60% over the past 6 months, a 29.73% in annual growth rate that is considerably higher than the industry average of 19.00%. Year-over-year growth is forecast to reach 21.30% up from the last financial year.

Consensus estimates given by 36 financial analysts project the company’s revenue in the current quarter to hit an average of 1.84B. 35 analysts are of the opinion that Shopify Inc’s revenue for the current quarter will be 2.03B. The company’s revenue for the corresponding quarters a year ago was 1.43B. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 29.00%. The 2024 estimates are for Shopify Inc earnings to increase by 39.80%, but the outlook for the next 5-year period is at 59.89% per year.