The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Atlassian Corporation’s current trading price is -24.15% away from its 52-week high, while its distance from the 52-week low is 53.27%. The stock’s price range for this period has been between $128.02 and $258.69 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 2.66 million for the day, a number notably higher than the average daily volume of 1.71 million over the last three months.
Atlassian Corporation ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $258.69 on 01/30/24, while the lowest value for the same period was recorded at $128.02 on 05/09/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Atlassian Corporation (TEAM) has experienced a quarterly decline of -14.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 50.90B and boasts a workforce of 10726 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 210.37, with a change in price of +17.63. Similarly, Atlassian Corporation recorded 1,699,619 in trading volume during the last 100 days, posting a change of +9.87%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for TEAM stands at 1.40. Similarly, the long-term debt-to-equity ratio is also 1.30.
TEAM Stock Stochastic Average
Atlassian Corporation’s raw stochastic average for the past 50 days is presently 9.23%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 22.73%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 20.25% and 17.68%, respectively.
TEAM Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Year to date metric has recorded a loss of -17.51%.However, over the last six months, we can see a stronger performance of -4.45%. Over the last 30 days, the price of TEAM has leaped by -4.18%. And in the last five days, it has fallen by -5.54%.
