Atlassian Corporation (NASDAQ:TEAM) currently has a daily average trading volume of 2.08M but it saw 1404955 shares traded in last market. With a market cap of 83.58B USD, the company’s current market price of $319.00 came falling about -0.56 while comparing to the previous closing price of $320.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $324.37 and as low as $135.29. In the recent trading on the day, stock has struck highest price mark of $318.0142 while lowest mark touched by it was $324.2.
Taking a look at 20-day trading activity of Atlassian Corporation (TEAM) gives us an average price of $271.47, while its current price level is -1.66% below from 52-week high level whereas it is 135.79% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $265.87 while that of 200 days or SMA-200 reads an average of $199.48. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.48% during that period while stretching the period over a month that decreases to 3.81%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 76.80 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Cantor Fitzgerald which initiated the stock as “Neutral” in its note to investors issued on January 17, 2025, recommending a price target of $264 for it. BMO Capital Markets upgraded its recommendation for the stock as a “Outperform” from “Market Perform” on January 10, 2025 while assigning a price target range of $255-$292. Truist issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $250 and $300.
Over the week, TEAM’s stock price is moving 19.50% up while it is 25.28% when we observe its performance for the past one month. Year-to-date it is 31.07% up and over the past year, the stock is showing an upside performance of 48.34%.
Currently, Atlassian Corporation’s total number of outstanding shares is 163.08M with 0.30% of that held by the insiders while 90.81% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -14.33% and return on equity (ROE) at -32.59%. It has a 75.49 of forward P/E ratio. Stock’s beta reads 0.90. Stock has a price to book (P/B) ratio of 68.55 while price to sale or P/S ratio amounts to 17.43. Its return on asset (ROA) is -7.00% on average.
