NasdaqGS:SHOPIT
Is Shopify (SHOP) Still Sensibly Priced After Recent 30 Day Share Price Slide
If you are wondering whether Shopify's current share price still makes sense for you, it helps to step back and look at what the numbers are actually saying about value.
The stock last closed at US$112.70, with recent returns showing a 0.6% gain over 7 days, a 27.7% decline over 30 days, a 28.3% decline year to date, a 12.2% decline over 1 year, and a 158.4% gain over 3 years.
Recent attention on Shopify has focused on its role as a key ecommerce platform for merchants and its ongoing...