Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Atlassian Corporation’s current trading price is -27.12% away from its 52-week high, while its distance from the 52-week low is 39.36%. The stock’s price range during this period has varied between $135.29 and $258.69. The company, active in the Technology sector, saw a trading volume of around 3.54 million for the day, considerably higher average daily volume of 1.96 million observed over the last three months.
Atlassian Corporation’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $258.69 on 01/30/24, and the lowest price during that time was $135.29, recorded on 08/05/24.
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How Financial Performance Impacts Market Capitalization
Atlassian Corporation (TEAM) has experienced a quarterly rise of 31.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 49.31B and boasts a workforce of 12157 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 168.57, with a change in price of +26.37. Similarly, Atlassian Corporation recorded 1,811,752 in trading volume during the last 100 days, posting a change of +16.26%.
How TEAM’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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
As of today, the raw stochastic average of Atlassian Corporation over the past 50 days is 81.72%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 78.08%. Additionally, the Stochastic %K and %D values for the company were 83.75% and 84.13%, respectively, over the past 20 days.
TEAM Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price decrease of -20.73%. However, over the past six months, we’ve seen a weaker performance of 2.72%. The price of TEAM fallen by 17.66% over the last 30 days. And in the last five days, it has fallen by -0.43%.
