Atlassian Corporation Plc (NASDAQ:TEAM) traded at a new 52-week high today of $398.02. This new high was reached on below average trading volume as 296,000 shares traded hands, while the average 30-day volume is approximately 879,000 shares.
Atlassian Corporation Plc (NASDAQ:TEAM) is currently priced 1.9% above its average consensus analyst price target of $389.48.
Atlassian Corporation Plc share prices have moved between a 52-week high of $398.02 and a 52-week low of $164.16 and are now trading 142% above that low price at $396.99 per share.
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.
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