(SHOP) Shopify Subordinate Voting - Ratings and Ratios

Shopify Inc., a leading commerce technology company, empowers businesses of all sizes to establish, grow, and manage their operations across multiple sales channels. With a global presence spanning Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America, Shopify provides a comprehensive platform that integrates essential tools for inventory management, order processing, payment solutions, customer engagement, and analytics. The platform supports sales across web and mobile storefronts, physical retail locations, social media, and marketplaces. Shopify also offers additional services such as Shopify Payments for integrated payment processing, theme and app sales, Shopify Shipping for streamlined logistics, point-of-sale hardware, and domain name registration. The company, originally founded as Jaded Pixel Technologies Inc. in 2004, rebranded as Shopify Inc. in 2011 and is headquartered in Ottawa, Canada.

From a technical perspective, Shopifys stock (NYSE:SHOP) is currently trading at $83.65, with a 20-day average volume of 11,026,653 shares. Key resistance is at $116.4, while support levels are at $80.1, $68.5, and $57.7. The stock is below its 20-day SMA of $91.48 and 50-day SMA of $102.46 but slightly above its 200-day SMA of $91.13, indicating near-term weakness. The ATR of 7.44 suggests moderate volatility.

Fundamentally, Shopify has a market cap of $108.56 billion, with a P/E ratio of 54.60 and a forward P/E of 56.18. The P/B ratio stands at 9.48, and the P/S ratio is 12.23. The companys return on equity (RoE) is 17.47%, reflecting strong profitability relative to equity.