Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Atlassian Corporation’s current trading price is -31.74% away from its 52-week high, while its distance from the 52-week low is 30.52%. The stock’s price range over this period has fluctuated between $135.29 and $258.69. The company, operating within the financial sector, had a trading volume of approximately 0.69 million for the day, which was noticeably lower than the average daily share volume of 1.84 million over the last 3 months.
Atlassian Corporation experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $258.69 on 01/30/24, while the lowest price for the same period was registered at $135.29 on 08/05/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Atlassian Corporation (TEAM) has experienced a quarterly decline of -0.59% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 45.91B and boasts a workforce of 12157 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 164.85, with a change in price of -5.84. Similarly, Atlassian Corporation recorded 1,811,491 in trading volume during the last 100 days, posting a change of -3.20%.
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 1.21. Similarly, the long-term debt-to-equity ratio is also 1.16.
TEAM Stock Stochastic Average
Today’s raw stochastic average for Atlassian Corporation over the last 50 days is 93.59%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 97.27%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 83.84% and 79.52%, respectively.
TEAM Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -25.77%.However, over the last six months, we can see a stronger performance of -13.76%. Over the last 30 days, the price of TEAM has fallen by 8.83%. And in the last five days, it has surged by 10.19%.
