Investors must take note of Atlassian Corporation’s (TEAM) performance last week, which was 13.13%.

Atlassian Corporation (NASDAQ: TEAM) on Monday, soared 3.11% from the previous trading day, before settling in for the closing price of $154.21. Within the past 52 weeks, TEAM’s price has moved between $135.29 and $258.69.

A company in the Technology sector has jumped its sales by 29.28% annually for the last half of the decade. The company achieved an average annual earnings per share of 7.42%. With a float of $154.73 million, this company’s outstanding shares have now reached $159.54 million.

In an organization with 12157 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 81.4%, operating margin of -2.61%, and the pretax margin is -1.96%.

Atlassian Corporation (TEAM) Insider and Institutional Ownership

Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Atlassian Corporation is 40.56%, while institutional ownership is 52.97%. The most recent insider transaction that took place on Aug 19 ’24, was worth 267,139. Before that another transaction happened on Aug 19 ’24, when Company’s Officer proposed sale 3,054 for $156.59, making the entire transaction worth $478,220.

Atlassian Corporation (TEAM) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 7.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 35.90% during the next five years compared to 15.38% growth over the previous five years of trading.

Atlassian Corporation (NASDAQ: TEAM) Trading Performance Indicators

Atlassian Corporation (TEAM) is currently performing well based on its current performance indicators. A quick ratio of 1.18 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.50. Likewise, its price to free cash flow for the trailing twelve months is 29.17.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.16, a number that is poised to hit 0.64 in the next quarter and is forecasted to reach 4.00 in one year’s time.

Technical Analysis of Atlassian Corporation (TEAM)

Let’s dig in a bit further. During the last 5-days, its volume was 2.52 million. That was better than the volume of 1.8 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 92.53%. Additionally, its Average True Range was 6.92.

During the past 100 days, Atlassian Corporation’s (TEAM) raw stochastic average was set at 28.85%, which indicates a significant decrease from 54.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.19% in the past 14 days, which was higher than the 48.38% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $165.53, while its 200-day Moving Average is $192.86. However, in the short run, Atlassian Corporation’s stock first resistance to watch stands at $161.12. Second resistance stands at $163.23. The third major resistance level sits at $167.40. If the price goes on to break the first support level at $154.84, it is likely to go to the next support level at $150.67. The third support level lies at $148.56 if the price breaches the second support level.

Atlassian Corporation (NASDAQ: TEAM) Key Stats

Market capitalization of the company is 41.39 billion based on 260,298K outstanding shares. Right now, sales total 4,359 M and income totals -300,520 K. The company made 1,132 M in profit during its latest quarter, and -196,920 K in sales during its previous quarter.