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.
Set to 5 year view
https://www.tradingview.com/symbols/ASX-APX/
APX is even cheaper than Polynovo (PNV) @ $1.29B, Nanosonic (NAN) @ $1.92B.
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Appen (APX) has crashed 76% since its $40 price in mid August...
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