Headlines about Shopify (NYSE:SHOP) (TSE:SHOP) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Shopify earned a news impact score of 0.13 on Accern’s scale. Accern also gave media stories about the software maker an impact score of 46.6266909470468 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Is The Stock Worthy? – Shopify Inc. (NYSE: SHOP) – Alpha Beta Stock (alphabetastock.com)
- Momentum Stock in Focus (RSI – A Momentum Oscillator) RSI Alert Shopify Inc. (NYSE:SHOP), TransEnterix, Inc … – The Stock Street (press release) (thestreetpoint.com)
- Rebalancing Your Portfolio for the New Year? Consider These 2 Principles (ca.finance.yahoo.com)
- Hot Stock to Observe: Shopify Inc. (NYSE:SHOP) – Market Breaking Point (press release) (journalfinance.net)
- Will 2018 Be Shopify Inc.'s Best Year Yet? (finance.yahoo.com)
Shopify (NYSE SHOP) traded up $2.20 during mid-day trading on Thursday, hitting $109.95. 1,157,200 shares of the stock traded hands, compared to its average volume of 1,310,000. The company has a debt-to-equity ratio of 0.02, a quick ratio of 10.64 and a current ratio of 10.64. Shopify has a twelve month low of $42.85 and a twelve month high of $123.94. The stock has a market cap of $10,910.00 and a price-to-earnings ratio of -224.39.
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Shopify Company Profile
Shopify Inc (Shopify) provides a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The Company offers subscription solutions and merchant solutions. The Company’s software is used by merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts and marketplaces.
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