Appen (APX) has crashed 76% since its $40 price in mid August last year...and one that I had cautioned after it took out its $18.25 support. Its market cap today stands at only $1.17B.
But @ 2.87x Price/Sales ratio , Appen (APX) seems reasonable and starting to look compelling....especially to note that a low price tends to attract vulture venture capital to make a takeover offer.
