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Atlassian Corporation (TEAM) Jumps: Stock Rises 5.5%

Zacks Equity Research
Updated

Atlassian Corporation Plc TEAM was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $52.16–$61.80 in the past one-month time frame, showed a sharp increase yesterday.

The company has not seen any estimate revisions over the past month and the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Atlassian Corporation currently has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

Atlassian Corporation PLC Price

Atlassian Corporation PLC Price | Atlassian Corporation PLC Quote

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A better-ranked stock in the Internet - Software industry is Paycom Software, Inc. PAYC, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is TEAM going up? Or down? Predict to see what others think: Up or Down

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