Atlassian (TEAM) Surges 2.3% Today on High Volume

Shares of Atlassian have moved 2.3% today, and are now trading at a price of $184.64. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 545,298 compared to the stock's average volume of 2,031,449.

Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Based in Sydney, Australia the company has 8,813 full time employees and a market cap of $47,454,728,192.

The stock's 52 week high is $300.29 per share and its 52 week low is $113.86. With its net margins declining an average -0.3% over the last 3 years, Atlassian declining profitability gives us reason to believe its stock price will continue to underwhelm.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2022-06-30 2,802,882 -614,124 -21.91 34.26
2021-06-30 2,089,132 -696,315 -33.33 -53.45
2020-06-30 1,614,173 -350,654 -21.72 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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