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Atlassian (TEAM) Catches Eye: Stock Jumps 6.5%
Atlassian Corporation Plc (TEAM - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $78.66 to $89.03 in the past one-month time frame.
The company has seen no changes when it comes to estimate revision over the past few weeks, while 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 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
A better-ranked stock in the Internet - Software industry may consider BlackLine, Inc. (BL - Free Report) , which also has 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
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
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