@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.
@wenchaoAlthough Appen has no debt, interest rate rises affect...
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Last
48.0¢ |
Change
-0.015(3.03%) |
Mkt cap ! $106.7M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 47.0¢ | $676.8K | 1.408M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42063 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 35424 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| APX (ASX) Chart |