Given the smashing Appen has copped in the last few weeks this announcement and reaffirming of guidance can only be positive. Seems the consensus was a down grade was coming.
I am comfortable with the $260mil of orders received for this time of the year. Appen has mostly had the back half of the year being where they generate the majority of their revenue. With projects impacted by Covid coming back online that can only bode well.
Saying all that let’s see what the market thinks lol
Ann: Business and Trading Update, page-19
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Last
$1.10 |
Change
0.190(21.0%) |
Mkt cap ! $244.1M | |||
| Open | High | Low | Value | Volume |
| 95.5¢ | $1.12 | 95.0¢ | $21.82M | 20.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 53102 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 12850 | 3 |
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