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
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