@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
44.0¢ |
Change
0.010(2.33%) |
Mkt cap ! $96.44M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.0¢ | 43.0¢ | $101.4K | 233.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 148078 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 76489 | 9 |
View Market Depth
| Last trade - 13.04pm 26/07/2024 (20 minute delay) ? |
| APX (ASX) Chart |