Trading Day Review: Atlassian Corporation (TEAM) Loses Momentum, Closing at 199.01

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The price of Atlassian Corporation (NASDAQ: TEAM) closed at $199.01 in the last session, down -0.22% from day before closing price of $199.44. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 0.83 million shares were traded. TEAM stock price reached its highest trading level at $202.05 during the session, while it also had its lowest trading level at $198.01.

Ratios:

We take a closer look at TEAM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 32.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.03. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 1.40 whereas as Long-Term Debt/Eq ratio is at 1.30.

On December 18, 2023, CapitalOne started tracking the stock assigning a Equal Weight rating and target price of $238.CapitalOne initiated its Equal Weight rating on December 18, 2023, with a $238 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 23 ’24 when Cannon-Brookes Michael sold 8,241 shares for $199.61 per share. The transaction valued at 1,645,001 led to the insider holds 374,691 shares of the business.

Farquhar Scott sold 8,241 shares of TEAM for $1,645,001 on Apr 23 ’24. The Co-CEO, Co-Founder now owns 374,691 shares after completing the transaction at $199.61 per share. On Apr 23 ’24, another insider, BHARADWAJ ANUTTHARA, who serves as the President of the company, sold 760 shares for $200.00 each. As a result, the insider received 152,000 and left with 161,850 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TEAM now has a Market Capitalization of 51697225728 and an Enterprise Value of 51258011648. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.26 while its Price-to-Book (P/B) ratio in mrq is 57.05. Its current Enterprise Value per Revenue stands at 13.169 whereas that against EBITDA is -426.901.

Stock Price History:

Over the past 52 weeks, TEAM has reached a high of $258.69, while it has fallen to a 52-week low of $128.02. The 50-Day Moving Average of the stock is -1.31%, while the 200-Day Moving Average is calculated to be -1.28%.

Shares Statistics:

According to the various share statistics, TEAM traded on average about 1.77M shares per day over the past 3-months and 1585090 shares per day over the past 10 days. A total of 259.41M shares are outstanding, with a floating share count of 155.30M. Insiders hold about 40.13% of the company’s shares, while institutions hold 53.84% stake in the company. Shares short for TEAM as of 1711584000 were 5158798 with a Short Ratio of 2.91, compared to 1709164800 on 3674895. Therefore, it implies a Short% of Shares Outstanding of 5158798 and a Short% of Float of 3.2899998.

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