Should You Buy, Sell, or Hold Shopify Stock at This Price?

Shopify (SHOP) is currently overvalued, as suggested by a Value Score of F. In terms of the 12-month Price/Sales, SHOP is currently trading at 11.10X compared with the broader Computer & Technology sector's 5.58X. Price/Sales Ratio (Forward 12 Months) Image Source: Zacks Investment Research SHOP shares have plunged 7.2% in the year-to-date period compared with the broader Zacks Computer & Technology sector's decline of 11.3%. The Zacks Internet - Services industry has risen 13.3% in the same time frame. YTD ...