Atlassian Corporation Plc (NASDAQ:TEAM) traded today at a new 52-week high of $482.96. So far today approximately 296,000 shares have been exchanged, as compared to an average 30-day volume of 1 million shares.
Atlassian Corporation PLC produces software that helps teams work together more efficiently and effectively. The company provides project planning and management software, collaboration tools, and IT help desk solutions. The company operates in four segments: subscriptions (term licenses and cloud agreements), maintenance (annual maintenance contracts that provide support and periodic updates and are generally attached to perpetual license sales), perpetual license (upfront sale for indefinite usage of the software), and other (training, strategic consulting, and revenue from the Atlassian Marketplace app store). Atlassian was founded in 2002 and is headquartered in Sydney, Australia.
Atlassian Corporation Plc (NASDAQ:TEAM) defies analysts with a current price ($447.04) 6.7% above its average consensus price target of $417.20.
In the past 52 weeks, shares of Atlassian Corporation Plc have traded between a low of $176.42 and a high of $482.96 and is now at $447.04, which is 153% above that low price.
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