Atlassian Corporation (TEAM) is set for another landmark as it hit the volume of 3.05 million

As on Thursday, Atlassian Corporation (NASDAQ: TEAM) started slowly as it slid -3.24% to $160.39, before settling in for the price of $165.76 at the close. Taking a more long-term approach, TEAM posted a 52-week range of $156.44-$258.69.

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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 32.09%. Meanwhile, its Annual Earning per share during the time was -31.08%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 48.84%. This publicly-traded company’s shares outstanding now amounts to $260.30 million, simultaneously with a float of $157.73 million. The organization now has a market capitalization sitting at $41.75 billion. At the time of writing, stock’s 50-day Moving Average stood at $187.42, while the 200-day Moving Average is $201.14.

Atlassian Corporation (TEAM) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Software – Application industry. Atlassian Corporation’s current insider ownership accounts for 39.41%, in contrast to 54.45% institutional ownership. According to the most recent insider trade that took place on May 29 ’24, this organization’s Co-CEO, Co-Founder sold 8,241 shares at the rate of 164.16, making the entire transaction reach 1,352,808 in total value, affecting insider ownership by 168,666. Preceding that transaction, on May 29 ’24, Company’s Co-CEO, Co-Founder sold 8,241 for 164.16, making the whole transaction’s value amount to 1,352,805. This particular insider is now the holder of 168,666 in total.

Atlassian Corporation (TEAM) Earnings and Revenue Records

Atlassian Corporation’s EPS increase for this current 12-month fiscal period is 48.84% and is forecasted to reach 3.20 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 35.90% through the next 5 years, which can be compared against the -31.08% growth it accomplished over the previous five years trading on the market.

Atlassian Corporation (NASDAQ: TEAM) Trading Performance Indicators

Let’s observe the current performance indicators for Atlassian Corporation (TEAM). It’s Quick Ratio in the last reported quarter now stands at 1.18. The Stock has managed to achieve an average true range (ATR) of 5.83. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 10.02. Similarly, its price to free cash flow for trailing twelve months is now 32.03.

In the same vein, TEAM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.63, a figure that is expected to reach 0.59 in the next quarter, and analysts are predicting that it will be 3.20 at the market close of one year from today.

Technical Analysis of Atlassian Corporation (TEAM)

Through scrutinizing the latest numbers posted by the [Atlassian Corporation, TEAM], it can be observed that its last 5-days Average volume of 2.89 million was better the volume of 1.76 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 11.46% While, its Average True Range was 5.50.

Raw Stochastic average of Atlassian Corporation (TEAM) in the period of the previous 100 days is set at 1.09%, which indicates a major fall in contrast to 3.92% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 21.95% that was lower than 44.71% volatility it exhibited in the past 100-days period.