Read more: Found hereShopify Inc. ( NYSE:SHOP ⁘ Get Free Report ) (TSE:SHOP)'s stock price traded up 1.3% during mid-day trading on Wednesday . The stock traded as high as $67.22 and last traded at $66.93. 1,783,701 shares changed hands during trading, a decline of 83% from the average session volume of 10,210,228 shares. The stock had previously closed at $66.06.
Shopify ( NYSE:SHOP ⁘ Get Free Report ) (TSE:SHOP) last released its earnings results on Wednesday, May 8th. The software maker reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.04. The business had revenue of $1.86 billion for the quarter, compared to analysts' expectations of $1.84 billion. Shopify had a positive return on equity of 7.36% and a negative net margin of 2.82%. As a group, equities research analysts predict that Shopify Inc. will post 0.61 EPS for the current year.
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