Atlassian Corporation (TEAM) concluded trading on Thursday at a closing price of $188.54, with 3.54 million shares of worth about $667.72 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.72% during that period and on October 31, 2024 the price saw a loss of about -1.00%. Currently the company’s common shares owned by public are about 159.54M shares, out of which, 156.68M shares are available for trading.
Stock saw a price change of -0.43% in past 5 days and over the past one month there was a price change of 17.66%. Year-to-date (YTD), TEAM shares are showing a performance of -20.73% which increased to 4.37% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $135.29 but also hit the highest price of $258.69 during that period. The average intraday trading volume for Atlassian Corporation shares is 1.96 million. The stock is currently trading 1.31% above its 20-day simple moving average (SMA20), while that difference is up 9.73% for SMA50 and it goes to 2.68% higher than SMA200.
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Atlassian Corporation (NASDAQ: TEAM) currently have 159.54M outstanding shares and institutions hold larger chunk of about 51.27% of that.
The stock has a current market capitalization of $49.31B and its 3Y-monthly beta is at 0.73. It has posted earnings per share of -$1.16 in the same period. It has Quick Ratio of 1.18 while making debt-to-equity ratio of 1.21. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TEAM, volatility over the week remained 2.27% while standing at 3.20% over the month.
Stock’s fiscal year EPS is expected to rise by 7.48% while it is estimated to increase by 27.37% in next year. EPS is likely to grow at an annualized rate of 25.30% for next 5-years, compared to annual growth of 15.38% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Raymond James on October 01, 2024 offering an Outperform rating for the stock and assigned a target price of $200 to it. Coverage by Goldman stated Atlassian Corporation (TEAM) stock as a Buy in their note to investors on August 02, 2024, suggesting a price target of $230 for the stock. On August 02, 2024, Robert W. Baird Downgrade their recommendations, while on July 11, 2024, CapitalOne Upgrade their ratings for the stock with a price target of $211. Stock get an Overweight rating from Piper Sandler on July 02, 2024.
