@wenchao
Although Appen has no debt, interest rate rises affect the discount rate applied to all stocks. Bond market is pricing in an interest rate of 2-2.5% into the future. Therefore high PE stocks will be sold down. Appen needs to show growth is back or at least stabilized. Needs to justify the high PE.
APX Charts, page-3545
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Last
$1.00 |
Change
-0.215(17.7%) |
Mkt cap ! $223.0M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.27 | 99.0¢ | $33.62M | 31.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 117991 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 69030 | 2 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| APX (ASX) Chart |