Hi Veritas2000,Good questions.Like many high upside companies, Appen happens to work in a sector which is growing and will continue to keep growing - AI and machine learning.The big dip from highs means that the upside from the market price is higher, with a lower downside given its current share price.
Whether or not the company can resume their growth is a question time will answer, let's just hope Appen has a sufficient moat and incumbent advantage in the sector to continue to grow like they did for a long time.
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Last
$2.23 |
Change
-0.100(4.29%) |
Mkt cap ! $500.1M | |||
| Open | High | Low | Value | Volume |
| $2.38 | $2.45 | $2.22 | $22.71M | 9.809M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 226326 | $2.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.24 | 25000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| APX (ASX) Chart |