APX 10.8% $2.87 appen limited

Ann: Appen Announces Strategic UK Acquisition-APX.AX, page-78

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  1. 170 Posts.
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    How do you value the P/E high? I think APX has a low P/E for a company with the growth potential they do, making a profit already, a debt free balance sheet and the worlds largest tech companies as clients! I'd like to hear what companies you like with a lower P/E and positives like APX has as listed above, especially in the tech sector. Companies like REA have a much higher P/E with almost 500 million in debt and a slower growth rate. CAR has a P/E much the same with 225 million in debt with a slow growth rate going off the last reports.

    I'm not sure about the volatile market either, Gold prices are all falling sharply indicated confidence in the markets, the Dow Jones is hitting huge all time highs, interest rates look like rising and most importantly it's the first time in well over a year all my stocks are in the green like many other people I'm sure.

    I think this stock is volatile at the moment becuase people are waiting to see if they can deliver strong growth year on year, if they can the P/E is very low now. But this volatility is on very low volume normally well under 500,000 for a day so you can't read to much into a swing in either direction.
 
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Last
$2.87
Change
0.280(10.8%)
Mkt cap ! $748.3M
Open High Low Value Volume
$2.63 $2.90 $2.56 $34.01M 12.45M

Buyers (Bids)

No. Vol. Price($)
1 354 $2.87
 

Sellers (Offers)

Price($) Vol. No.
$2.88 3218 1
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Last trade - 16.10pm 12/11/2024 (20 minute delay) ?
APX (ASX) Chart
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