Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate ShiftPixy Inc before investing.

In this article, we go over a few key elements for understanding ShiftPixy Inc’s stock price such as:

• ShiftPixy Inc’s current stock price and volume
• Why ShiftPixy Inc’s stock price changed recently
• Upgrades and downgrades for PIXY from analysts
• PIXY’s stock price momentum as measured by its relative strength

About ShiftPixy Inc (PIXY)

Before we jump into ShiftPixy Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

ShiftPixy, Inc., together with its subsidiaries, provides staffing solutions in the United States. It offers employment administrative services, such as payroll processing, human resources consulting, and workers’ compensation administration and coverage. The company operates human resources information systems platform to assist in client acquisition for the onboarding of new clients into the company’s closed proprietary operating and processing information system. It primarily serves restaurant and hospitality service industries. The company was incorporated in 2015 and is headquartered in Miami, Florida.

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ShiftPixy Inc’s Stock Price as of Market Close

As of October 14, 2024, 3:59 PM, CST, ShiftPixy Inc’s stock price was $9.66.

ShiftPixy Inc is up 1386.15% from its previous closing price of $0.65.

During the last market session, ShiftPixy Inc’s stock traded between $0.62 and $0.71. Currently, there are 6.43 million shares of ShiftPixy Inc stock available for purchase.

Unfortunately, ShiftPixy Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

ShiftPixy Inc Stock Price History

ShiftPixy Inc’s (PIXY) price is currently up 1063.86% so far this month.

During the month of October, ShiftPixy Inc’s stock price has reached a high of $10.31 and a low of $0.57.

Over the last year, ShiftPixy Inc has hit prices as high as $24.24 and as low as $0.57. Year to date, ShiftPixy Inc’s stock is down 98.08%.

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What Caused ShiftPixy Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of October 11, 2024,, no analysts have changed their rating of ShiftPixy Inc’s stock over the last month.

Additionally, you'll want to evaluate ShiftPixy Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on ShiftPixy Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about ShiftPixy Inc (PIXY) by visiting AAII Stock Evaluator.

Relative Price Strength of ShiftPixy Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of October 11, 2024, ShiftPixy Inc has a weighted four-quarter relative price strength of -57.30%, which translates to a Momentum Score of 1 and is considered to be Very Weak.

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ShiftPixy Inc Stock Price: Bottom Line

As of October 14, 2024, ShiftPixy Inc’s stock price is $9.66, which is up 1386.15% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like ShiftPixy Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.